Chile Sees Lower-than-Expected Inflation Rise in March

INSUBCONTINENT EXCLUSIVE:
decline towards the target rate.Prices edged up by just 0.4% from February, falling below Bloomberg survey predictions of a 0.6% rise
Consequently, the year-over-year inflation rate dropped to 3.7%.The Central Bank of Chile recently decelerated interest rate reductions,
despite forecasting higher inflation and economic growth for the year.The weakening currency has inflated the cost of living by raising
import prices.Chile Sees Lower-than-Expected Inflation Rise in March
(Photo Internet reproduction)This caution, combined with potential Federal Reserve delays in cutting borrowing costs, suggests a milder
domestic easing cycle than analysts initially expected.Significant was the 5.4% surge in education costs with the new academic year,
6.5%, continuing to reduce financing costs by a total of 4.75 percentage points.They also revised their outlook, no longer predicting rate