Chile consumer prices fall 0.1% in February

Kitco Media
By Reuters
Published:
Updated:
Reuters
SANTIAGO, March 8 (Reuters) - Chile's consumer prices surprisingly fell 0.1% in February, government statistics agency INE said on Wednesday, slowing sharply from the 0.8% rise reported in the previous month and below an expected 0.25% in a Reuters poll of economists. The monthly figure took the Andean country's 12-month rate of consumer price increases to 11.9%, down from 12.3% in January but still far from the central bank's target range of 2% to 4%. (Reporting by Fabian Andres Cambero and Gabriel Araujo; Editing by Andrew Heavens)

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.