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Montevideo, February 23rd 2024 - 04:23 UTC

Tag: Chile National Statistics Institute index

  • Saturday, August 8th 2015 - 09:31 UTC

    Chile's inflation climbs 0.4% in July to an annualized 4.6%; Peso slides 11%

    Chile which is heavily China-dependent with copper exports is suffering consequences of the slowdown in the world's second strongest economy.

    Chile’s inflation rate rose to the highest this year in July as the Peso approaches its weakest level in more than a decade. Prices climbed 0.4% in the month, the National Statistics Institute said on its website Friday. Annual inflation accelerated to 4.6% from 4.4% the month before, while the central bank target is between 2% and 4%.