📈 Business
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Bloomberg
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Chile Inflation Expectations Jump to Highest Since March 2023
Chile's one-year inflation expectations jumped to the highest level since March 2023 on Friday. The spike was triggered after the government loosened a fuel price stabilization mechanism, causing a sharp rise in gasoline prices. Financial markets reacted immediately with a surge in inflation breakevens.
Chile’s one-year breakevens a measure of inflation expectations jumped to the highest since March 2023 on Friday after the government loosened a fuel stabilization mechanism, triggering a jump in gasoline prices.