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Business & Finance

Chile benchmark rate to rise to 0.75pc in 12 months

  • Consumer prices are seen rising 0.40% in February, with inflation estimated at 3.15% over the next 12 months - within the central bank's 2%-4% target range.
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SANTIAGO: Chile's benchmark interest rate is expected to creep up to 0.75% in 12 months, a central bank poll of traders showed on Monday, as optimism begins to grow following a strong early start to the country's coronavirus vaccination drive.

Consumer prices are seen rising 0.40% in February, with inflation estimated at 3.15% over the next 12 months - within the central bank's 2%-4% target range.

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