Chile CPI to be somewhat higher in coming months -finance minister

SANTIAGO, March 8 Fri Mar 8, 2013 8:50am EST

Related Topics

SANTIAGO, March 8 (Reuters) - Chile's inflation rate will be somewhat higher in coming months, and meanwhile fears the Andean country's booming economy is overheating are unfounded, Finance Minister Felipe Larrain said on Friday.

Chile's consumer price index rose 0.1 percent in February, coming in under expectations for a 0.3 percent jump, the government said earlier on Friday.

Domestic risks to Chile's buoyant economy have become more important in the short term, central bank head Rodrigo Vergara said on Wednesday.

FILED UNDER:
Photo

After wave of QE, onus shifts to leaders to boost economy

DAVOS, Switzerland - Central banks have done their best to rescue the world economy by printing money and politicians must now act fast to enact structural reforms and pro-investment policies to boost growth, central bankers said on Saturday.