Chile Exchange Rate (CLP per USD, eop)

Exchange Rate in Chile

Inflation came in at 9.9% in April, down from March’s 11.1%. April’s figure marked the lowest inflation rate since March 2022, but was still more than triple the Central Bank’s 3.0% target. Inflation should fall further later this year amid high interest rates, a tougher base effect and reduced external price pressures, but will remain above the Central Bank’s target.