FX.co ★ Chile’s Monthly Inflation Ticks Up to 0.5% in October, Slightly Above September Reading

Chile’s consumer price index (CPI) rose 0.5% month-over-month in October 2026, a modest acceleration from the 0.4% increase recorded in September 2026. The October reading, updated on 6 November 2026, indicates a slight strengthening of monthly inflation pressures compared with the previous period.

On a month-over-month basis, the October figure reflects a higher pace of price growth than in September, when the CPI had already posted a 0.4% gain compared with August. This sequential pickup in inflation will likely be closely watched by markets and policymakers, as it may signal emerging price momentum after a more moderate rise in the prior month.

The data, which compares each month’s change with the immediately preceding month, suggests that while inflation remains contained in Chile, the direction of travel in October was upward. Investors and analysts will be looking to upcoming releases to gauge whether this increase marks the start of a firmer inflation trend or a temporary fluctuation.