Chile Inflation Rate Quickens to 9-Month High of 4.3%

Chile's annual inflation rate inched up to 4.3% in June 2026 from 3.9% in the prior month, marking the highest reading since September 2025. The main upward pressure came from prices of transportation (8.6% vs 10.1%); restaurants & hotels (6.5% vs 6.5%); education (5.9% vs 5.9%); food & non-alcoholic beverages (4.2% vs 2.5%); housing & utilities (4.3% vs 4.2%) and alcoholic beverages & tobacco (3.4% vs 2.6%). Conversely, prices decreased for clothing & footwear (-4.76% vs -4.9%) and insuranc& financial services (-1.8% vs -4.4%). On a monthly basis, the CPI was flat, after increasing by 0.2% in May and against market forecasts of a 0.2% decrease. Core consumer prices edged down by 0.1% in June, after a 0.4% rise in the month before.
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