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March 08, 2024
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Chile CPI Inflation 0.6% m-o-m (consensus 0.2%) in Feb-24

- Chile's CPI inflation only slowed slightly to 0.6% month-on-month in February 2024, surpassing the consensus forecast of 0.2%.
- All but one inflation print in the past six months has been consistent with above-target inflation, which is worrying persistence.

March 07, 2024
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Colombia CPI Inflation 1.09% m-o-m (consensus 1.0%) in Feb-24

- Colombia's inflation rate in February 2024 surpassed expectations by 0.1pp, reaching 1.09% m-o-m and 7.74% y-o-y.
- This monthly pace is the fastest increase since February 2023, exceeding the one-year average by 0.47pp.

March 07, 2024
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Mexico CPI Inflation 4.4% y-o-y (consensus 4.4%) in Feb-24

- Mexico's CPI inflation for February 2024 stood at 4.4% year-on-year, in line with expectations. However, it marks the lowest growth rate since November 2023.
- The core CPI rate slowed by 12bps to 4.64% y-o-y, confirming the expected easing in underlying inflationary pressures.

March 05, 2024
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Philippines CPI Inflation 3.4% y-o-y (consensus 3.1%) in Feb-24

- Philippines CPI inflation surpassed market expectations by rebounding to 3.4% year-on-year in February 2024.
- Although that is only the highest level since December 2023, it breaks a downtrend as it rises towards the core rate, which is where the upside news appeared.

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