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Chile's Inflation Rate Hits 28-Year Peak In July

08.08.2022 17:42

Annual consumer inflation rate at 13.1% last month.

Chile's annual consumer inflation spiked to a 28-year high in July as energy costs soared and the peso lost ground.

Annual inflation stood at 13.1% last month, up from 12.5% in June, according to official data released on Monday.

The highest rates were seen in transportation (26.4%), food and non-alcoholic beverages (19.4%), housing and utilities (10.7%), and recreation and culture (16.4%).

On a monthly basis, the consumer price index increased 1.5% in July. -



 
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