FX.co ★ Chile’s Monthly Inflation Cools Sharply in May, Easing to 0.2%

Chile’s consumer inflation slowed markedly in May 2026, with the month‑over‑month Consumer Price Index (CPI) rising just 0.2%, down from a 1.3% increase recorded in April 2026.

The latest figures, updated on 8 June 2026, indicate a significant moderation in short‑term price pressures. On a month‑over‑month basis, May’s reading shows that price growth has decelerated compared with April, when CPI rose 1.3% from the previous month.

The data suggest a cooling inflation trend in the Chilean economy over the comparison period, as the pace of monthly price increases has slowed between April and May. Investors and policymakers will be watching upcoming releases closely to see if this signals a more sustained easing of inflationary pressures.