FX.co ★ Chile’s Core Inflation Cools Sharply in September, Easing to 0.1% MoM

Chile’s core Consumer Price Index (CPI) rose just 0.1% month-over-month in September 2026, marking a notable slowdown from the 0.4% increase recorded in August 2026. The data, updated on 8 October 2026, indicate a clear loss of momentum in underlying price pressures.

On a month-over-month basis, the latest reading shows that core inflation — which typically strips out the most volatile components — has moderated significantly compared with the prior month’s pace. While the figures are presented as sequential monthly changes, the shift from 0.4% in August to 0.1% in September suggests that inflationary pressures in Chile’s underlying basket have eased as the third quarter draws to a close.