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August 30, 2023
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Chile unemployment rate 8.77% (consensus 8.6%) in Jul-23

- Chile's unemployment rate rose to 8.77% in July 2023, further than the 8.6% consensus, reaching its highest level since March 2023.
- The current rate exceeds both the one-year average by 0.48 percentage points and the long-run average by 1.28 percentage points, indicating underlying structural issues in the labor market.


August 08, 2023
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Chile CPI inflation 0.35% m-o-m (consensus 0.3) in Jul-23

- Chile's CPI inflation in July 2023 slightly exceeded expectations, growing by 0.35% month-on-month, indicating a potential revitalization of the economy.
- Despite the positive growth, the inflation rate remains below both short-term and long-term average levels, suggesting a relatively stable pricing environment.