Chile’s core consumer prices rose 0.7% month-over-month in January 2026, marking a sharp turnaround from December 2025, when the indicator had recorded a 0.1% decline. The latest data, updated on 6 February 2026, indicate a renewed upward movement in underlying inflation after the brief setback at the end of last year.
The month-over-month comparison highlights the shift in momentum: while December’s core CPI showed negative growth versus November, January’s reading signals a clear recovery in price pressures going into the new year. As core CPI excludes volatile components, the 0.7% increase will be closely watched by markets and policymakers as they assess the direction of Chile’s underlying inflation trend.
