RIO DE JANEIRO, BRAZIL - Inflation in Chile registered a monthly increase of 0.3% in February, due to a rise in food and non-alcoholic beverages, housing, and basic services, according to the National Statistics Institute (INE) on Tuesday.
The consumer price index (CPI) thus rose 1.5% year to date and 7.8% in the last twelve months, well above the tolerance range of 2% to 4% set by the Central Bank.
"Ten of the twelve departments that make up the CPI basket contributed positively to the monthly change in the index, while two were negative," INE explained.
The . . .