Chile inflation fell to 3.5% in July from 4.3% in June as petrol and diesel prices dropped, putting it back inside the central bank's target band.
Chile · Economy
Key Facts
The print. July prices rose 0.1 percent on the month. Over twelve months, Chile inflation is 3.5 percent, down from 4.3 percent in June.
Back in the band. The central bank targets 3 percent with a 2 to 4 percent tolerance range. June breached the ceiling; July is inside again.
What pulled it down. Transport fell 3.5 percent, with petrol down 8.5 percent, diesel down 13.5 percent and air fares down 9.4 percent.
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