Chile reports the lowest yearly inflation in 24 months at 5.3% in August. The National Institute of Statistics (INE) provided this data.
This is the lowest rate in two years. Yet, it doesn't meet the Central Bank's 2-4% increase target.
August's inflation fell 1.2 points from the previous month. Local media say this is a two-year low.
Until April, the nation saw price hikes above 10% for 12 months. Positive changes appeared in seven of the 12 CPI sectors in August. . .
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