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Slight increase in inflation reported in Chile

Santiago de Chile, 6 Dec (Prensa Latina) The National Statistics Institute (INE) of Chile reported today that inflation in the country in November registered an increase of 0.2 percent, which is at the low end of the projections.

According to the entity, 10 of the 13 divisions that make up the Consumer Price Index basket registered increases, with the highest being those of Household Equipment and Maintenance, with 1.6 points, and Clothing and Footwear (1.4).

Food decreased by -0.3, except bread, which maintained its upward trend and accumulated 5.3 during the first 11 months of 2024.

The prices of meals in restaurants, cafeterias, and similar places increased, with a variation of 7.2 percent this year.

International air transportation, and ambulatory health procedures and interventions, rose moderately, while gasoline and airline tickets within the country decreased in price.

Education did not increase or decrease in November, while alcoholic and non-alcoholic beverages and tobacco decreased, INE pointed out.

Thus, accumulated inflation between January and November is 4.7 percentage points and inter-annual inflation stands at 4.2.

The government aims to reduce this indicator to three percent by the end of 2025; however, projections by specialized agencies indicate that this will not happen until one year later.

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