Published on Tuesday, February 9, 2016
LatAm Daily | Inflation in Chile above expectations however we see pause in MPR this week
Summary
CPI in Chile increased 0.5% mom above expectations, not driven in the headline figure by CLP depreciation; persistent economic activity will influence a lull in rates at 3.5% in this week’s monetary policy meeting. Trade balance figures points to weakness in the private consumption with declines in both durable and non-durable imports.
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Authors
ED
Enestor Dos Santos
BBVA Research - Principal Economist
HP
Hugo Perea
BBVA Research - Chief Economist
CP
Cecilia Posadas
BBVA Research - Principal Economist
JS
Jorge Selaive
CS
Carlos Serrano
BBVA Research - Chief Economist
JT
Juana Téllez
BBVA Research - Chief Economist