As is happening in the rest of the world, there is no yielding from inflation in Chile, once the showcase of political stability and orthodox economics in Latin America. In effect, the July CPI climbed 1,4% with 8,5% in seven months, and the annual rate reached 13,1% the highest level since March 1994.
Consumer prices in the United States fell in August as petrol prices dropped and a strong dollar curbed the cost of goods, the US Department of Labor has said. The Consumer Price Index (CPI) slipped 0.1% last month, the first decline since January. But in the 12 months to August, the CPI rose 0.2% after a similar gain in July.
Uruguay's inflation climbed 1.21% during July and reached 6.91% in the first seven months of the year and 9.02% in the last twelve months, according to the release from the country's stats office, INE. In July 2014 inflation was 0.75%.
Argentina's inflation congressional index marked 2.8% in April, or 15.78% in the first four months of the year and 39% in the last twelve. These percentages contrast with the official data from the Indec stats office which earlier this week said the April CPI was 1.8%.
Uruguay’s central bank said that consumer prices, excluding the most volatile items, have increased almost 11% in the last twelve months to September. Fresh fruit and vegetables, cigarettes and public utility rates are considered ‘volatile prices’.