FX.co ★ Chile's Inflation Rebounds: Consumer Price Index Rises by 1.1% in January

In a significant shift, Chile's Consumer Price Index (CPI) rose by 1.1% in January 2025, marking a turnaround from the previous month's contraction of 0.2% in December 2024. The latest data, updated on February 7, 2025, underscores a renewed upward trend in the country's inflation rate.

December's CPI figure had shown a rare decline, suggesting temporary deflationary conditions. However, the January increase suggests a reversal, likely driven by changes in domestic consumption patterns or external economic pressures. This month-over-month comparison highlights the volatility in prices as the economy navigates changing conditions.

As 2025 unfolds, stakeholders will be closely monitoring these inflationary trends, evaluating their implications for monetary policy and economic stability in Chile. The shift in January is particularly significant as policymakers balance the need to curb inflation without stifling economic growth.