Chile | CPI inflation increased 0.3% MoM in February, broadly in line with expectations

Summary

CPI registered a 0.3% MoM figure in February (+4.7% YoY), broadly in line with expectations (consensus: 0.3% MoM; BBVAe: +0.2% MoM). The monthly print was driven by positive contributions from electricity fares and apparel that were partially offset by declines in foodstuffs. Meanwhile, the measure that excludes foods and energy increased +0.4% MoM (+5.0% YoY).

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