Chile traders see inflation at 0.8pc in March

SANTIAGO: Inflation in Chile is expected to clock in at 0.8 percent in March, according to the median estimate of traders surveyed by Chile's central bank this week.

A clear majority of traders polled by the bank also expect the benchmark interest rate to be held at 3.0 percent for at least the next six months, according to the survey published on Wednesday.

Chile's central bank has kept the rate on hold since October, and has indicated it will not likely change its stance until stubbornly above-target inflation has eased.