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Financial News: Chile Inflation At 6-month Low

Chile Inflation At 6-month Low

01/08/2019 - 12:37:00 (RTTNews)

(RTTNews) - Chile's inflation slowed for a third consecutive month to its lowest level in six months in December, data from INE showed on Tuesday.

The consumer price index climbed 2.6 percent annually in December, after a 2.8 percent increase in November. Inflation was the lowest since June, when it was 2.5 percent.

Clothing and footwear prices had the biggest fall of 1.5 percent in December, followed by food and non-alcoholic beverages with a 0.8 percent drop, the agency reported.

On a monthly comparison, the consumer price index dropped 0.1 in December after remaining unchanged in the previous month.

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