Economy and macroUpdated November 6

Chile’s annual inflation reached 4.5% in October

Chile’s annual inflation rose to 4.5% in October, up from 4.1% in September and its highest level in more than a year, Bloomberg reported. The National Institute of Statistics’ figures show a different measure for the month itself: consumer prices rose 0.5%, while the cumulative increase since the start of the year reached 4.5%. Transport had the biggest monthly rise, at 2%, followed by food at 1%. Clothing and footwear moved the other way, falling 4.1%. The overall increase came alongside quite different shifts across categories.

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Coverage started November 6