Chile's Inflation Tops Predictions Ahead of Rate Decision

INSUBCONTINENT EXCLUSIVE:
However, it went beyond the expected 4.2%.The stats agency INE reported a monthly inflation rate of 0.7%, much higher than projected.A
crucial price index, omitting unstable items, climbed by 6% over 12 months until November.It also saw a 0.5% monthly increase
The central bank in Chile aims for a 3% inflation rate.Central Bank President Rosanna Costa noted on Wednesday that price shocks are fading
Predictions Ahead of Rate Decision
(Photo Internet reproduction)In a seminar, Costa said controlling inflation has shown progress
But unexpected events could change the current course.She emphasized the importance of carefully examining data and economic trends.Costa
observed signs of economic stability, especially in private consumption
A drop in mining offset gains in other sectors.This scenario shows that recovery is still uneven