FX.co ★ Chile’s Core Inflation Cools Sharply in April, Easing from March Spike

Chile’s core Consumer Price Index (CPI) growth slowed markedly in April 2026, offering signs of easing underlying inflationary pressure after a sharp rise in the prior month. Month-over-month, core CPI increased by 0.3% in April, down from a 0.8% gain in March 2026, according to data updated on 8 May 2026.

The figures, measured on a month-over-month basis, show that while prices are still rising, the pace of core inflation has moderated considerably compared with March, when the indicator had accelerated to 0.8%. The current reading suggests a potential normalization in price dynamics after the earlier surge, and will likely be closely watched by policymakers and markets assessing the trajectory of inflation in Chile.