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7th Dec 2023 18:44Latin AmericaWeekly Monitor

  • Inflation overshot expectations in Chile; food prices and tourist packages did the most damage.
  • Underlying pressures remain under control, and the sluggish economic recovery will put a lid on inflation.
  • BCCh will cut by 75bp next week, as price pressures are subdued, despite the ugly inflation headlines.

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Keywords for: 11 December 2023 LatAm Monitor

independent macro research, Pantheon Macro, Pantheon Macroeconomics, independent research, ian shepherdson, economic intelligence