Chile's inflation: the highest since December 2008; Central Bank expected to further raise basic rate
Chile's Consumer Price Index, CPI, in November climbed 0,5%, in line with market expectations, according to a report from the Stats Office, INE, In the eleven months of the year the IPC reached 6,3% and 6,7% in the last twelve months, which is the highest since December 2008 (7,1%), and far above the Central Bank's target of 3%.
Source: mercopress.com