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Published on Friday, July 7, 2017 | Updated on Sunday, July 15, 2018

Chile | June CPI surprises both market and baseline scenario of the Central Bank

June CPI of -0.4% MoM (1.7% YoY), surprised both market expectations and baseline scenario of the Central Bank, widening room for a new cycle of MPR's cuts. Inflationary diffusion was under its historical floor. Core inflation indicators, especially for goods, reached the minimum since we have comparable statistics (2010).

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