Chile Inflation Rate Rises to 4.9% in March
2025-04-08 12:32
By
Heloisa Zanati
1 min. read
Chile's annual inflation rate accelerated to 4.9% in March 2025, up from 4.7% in February, matching January's 15-month high.
It also marked the 11th consecutive month that inflation has remained above the central bank's target range of 2% to 4%, primarily driven by a sharp rise in food and non-alcoholic beverages (5.1% vs. 2.9% in February).
Prices for recreation and culture also increased at a faster pace (2.4% vs. 2.3%), while price growth slowed in housing and utilities (11% vs. 11.6%), restaurants and hotels (6.8% vs. 7.2%), and transportation (1.6% vs. 2.7%).
On a monthly basis, consumer prices rose by 0.5% in March, accelerating from the 0.4% increase recorded in the previous month and matching market forecasts.
Core consumer prices rose 0.4%, following a 0.3% increase in the previous month.