translated from Spanish: They come up lemons but lower the benzene: inflation registers zero variation during November

The index of prices to the consumer (CPI) of Chile scored last November null variation, in line with the forecasts of the experts and the market.
With this record, the inflation accumulated so far for the year stood at 2.7 percent and the annual rate reached 2.8%, two-tenths below the average of the target of the Central Bank, between 2% and 4% for a two year horizon accurate report from the National Institute of statistics (INE).
It is worth mentioning that the inflation closed 2017 with a rate of 2.3%, the lowest in the past five years.
In November, according to the INE, four of the twelve divisions that make up the basket of the CPI recorded price increases, seven presented negative incidents, and the remaining had no variation.
The divisions with the biggest hikes were recreation and culture (1.3%) and food and non-alcoholic beverages (0.4%), while among those who scored low stressed clothing and footwear (- 0.9%) Transport (- 0.6%) and housing and basic services (- 0.4%).
At the level of products and services, included surges of lemons (35.5%), fruits of the season (14.3%) and drinking water (1.0%), while the main casualties were tomatoes (- 9.1%), LPG (- 1.8%) and gasoline (- 1.4%).
The underlying CPI, excluding fuels, fruits and vegetables, also had in November a zero variation, which accumulated a 1.9% so far this year and by 2.0% year on year.

Original source in Spanish

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