FX.co ★ Chile Inflation Hits Four-Month Low

Chile’s annual inflation rate slowed to 3.5% in July 2026, down from 4.3% in June, registering the smallest year-on-year CPI increase since March. The strongest upward contributions came from restaurants and lodging (6.6%), education (5.9%), healthcare (5.1%), transport (4.6%), recreation, sports, and culture (4.4%), and food and non-alcoholic beverages (4.0%). Offsetting these gains, prices declined in clothing and footwear (-4.8%) and in insurance and financial services (-3.4%). Month-on-month, consumer prices rose 0.1% after remaining flat in June, bringing cumulative inflation for the year to 2.9%. Core consumer prices increased 0.4% on the month, following a 0.1% decline in June.