Chile | June’s CPI rose 0.4% MoM above market expectations, caused by specific products
Published on Friday, July 8, 2016 | Updated on Sunday, July 15, 2018
Chile | June’s CPI rose 0.4% MoM above market expectations, caused by specific products
Summary
June’s CPI increased by 0.4% (4.2% YoY), which surprised market expectations (at 0.3% MoM) but was in line with our forecast. Foodstuffs and Transportations items were the main contributors to the increase in prices. We expect July’s CPI to increase in a range between 0% and 0.1% MoM. All in all, we maintain our forecast for 2016 at 3.2%YoY eop and below 3% in 2017.
Geographies
- Geography Tags
- Latin America
Topics
- Topic Tags
- Macroeconomic Analysis
Authors
Jorge Selaive
Hermann Esteban González
Cristóbal Gamboni
Aníbal Antonio Alarcón
Documents and files
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