Chile's consumer price index rose 0.9 percent in October, slowing its pace from a 1.1 percent increase in September, the National Statistics Institute said on Wednesday. But annual inflation hit a new 14-year high, with the CPI rising 9.9 percent in the 12-month period through October, up from a 9.2 percent increase in the 12-month through September.
October's CPI increase, led by food and transport prices, was higher than the median forecast of a rise of 0.6 percent expected by 10 economists polled by Reuters. In October 2007, Chile's CPI rose 0.3 percent. Core CPI - which strips out prices for fuel, fresh fruit and vegetables - rose 0.6 percent in October this year, slowing from a 0.9 percent increase in September. But in the 12-month period through October, core CPI rose 9.3 percent, picking up its pace from a 8.8 percent increase in the 12-month period through September.