FX.co ★ Chile Inflation Rate Rises to 4.9% in March

Chile experienced an uptick in its annual inflation rate, reaching 4.9% in March 2025, compared to 4.7% in February. This aligns with January's peak over the past 15 months. The inflation rate has now surpassed the central bank's target range of 2% to 4% for the 11th straight month. This surge is largely due to a notable increase in the prices of food and non-alcoholic beverages, which escalated by 5.1%, up from 2.9% in February. Additionally, there was a higher rate of price inflation in the recreation and culture sector, rising to 2.4% from 2.3%. Conversely, inflation rates slowed in sectors such as housing and utilities, down to 11% from 11.6%, as well as in restaurants and hotels, decreasing to 6.8% from 7.2%, and transportation dropping to 1.6% from 2.7%. On a monthly scale, consumer prices increased by 0.5% in March, up from February's 0.4%, aligning with market predictions. Meanwhile, core consumer prices saw a 0.4% rise, after a 0.3% increase in the previous month.