Chile | CPI inflation decelerated more than expected in May
Published on Wednesday, June 8, 2016 | Updated on Sunday, July 15, 2018
Chile | CPI inflation decelerated more than expected in May
Summary
CPI inflation in May increased 0.2% MoM (+4.2% YoY), below both our and market expectations (+0.3% MoM). The figure was mainly driven by transitory factors, coming from a supply shock in perishable foods. We expect a CPI inflation for June in a range between 0.2% and 0.3% MoM and reinforce our forecast at 3.2% YoY for the end of 2016.
Geographies
- Geography Tags
- Latin America
Topics
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- Macroeconomic Analysis
Authors
Aníbal Antonio Alarcón
Cristóbal Gamboni
Hermann Esteban González
Jorge Selaive
Fernando Soto