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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.

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Authors

Aníbal Antonio Alarcón
Cristóbal Gamboni
Hermann Esteban González
Jorge Selaive
Fernando Soto

Documents and files


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Report (PDF)

BBVA_SEEChile_ObservatorioInflacion_052016 (2)

Spanish - June 8, 2016

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