Chile February CPI inches up 0.1 percent, below forecast

SANTIAGO, March 8 Fri Mar 8, 2013 6:10am EST

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SANTIAGO, March 8 (Reuters) - Chile's consumer price index posted a 0.1 percent rise in February, coming in under expectations for a 0.3 percent jump, as higher transport costs were offset by lower food and nonalcoholic beverage prices, the government said on Friday.

Chile's consumer price index posted a 0.2 percent rise in January, after remaining unchanged in December.

Inflation in the 12 months through February was 1.3 percent, below the bottom end of the central bank's 2 percent to 4 percent tolerance range.

Core inflation was also 0.1 percent in February.