Chile's Annual Inflation Slows to Lowest Level Since November
Prices increased 0.2% from April, matching the median forecast from analysts in a Bloomberg survey. Annual inflation eased to 4.4%, the slowest pace since November, the national statistics institute reported on Friday.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Bloomberg
14 minutes ago
- Bloomberg
CLP CEO on 1H Results, Business Strategy
The Asia Trade T.K. Chiang, CEO at CLP, discusses the company's business strategy and debriefs their results for the first half of the year. He speaks with Haidi Stroud-Watts on "Bloomberg: The Asia Trade". (Source: Bloomberg)
Bloomberg
43 minutes ago
- Bloomberg
Philippine Inflation Slows to 0.9% in July, Nearly Six-Year Low
Philippine inflation decelerated to the lowest in nearly six years in July and stayed below the central bank's target, giving monetary authorities room to cut interest rates further this year. Consumer prices rose 0.9% year-on-year last month compared with 1.4% in June, and was below the median estimate of 1.1% in a Bloomberg survey. It's the slowest rate since October 2019 when inflation stood at 0.6%.
Yahoo
an hour ago
- Yahoo
Some in BOJ saw scope to resume rate hikes if trade friction eases, June minutes show
By Leika Kihara TOKYO (Reuters) -A few Bank of Japan board members said the central bank would consider resuming interest rate increases if trade friction de-escalates, minutes of its June policy meeting showed on Tuesday. "Given high uncertainties, the BOJ would likely pause rate hikes for the time being. But it also must respond flexibly and nimbly, and return to a rate-hike phase depending on U.S. policy developments," one member was quoted as saying. At the June 16-17 meeting, the BOJ kept interest rates steady at 0.5% and decided to decelerate the pace of its balance sheet drawdown next year, signalling its preference to move cautiously in removing remnants of its massive stimulus. Many members said the central bank must keep interest rates steady due to downside risks to the economy from U.S. tariffs, even though inflation was somewhat overshooting forecasts, the minutes showed. "As wages had been solid and prices had been slightly higher than expected, the Bank would likely shift away from the current wait-and-see approach and consider resuming rate hikes, if trade friction de-escalates," a few members were quoted as saying.
