Fynsa
The October CPI does not set alarm bells ringing, nor does it change the downward trajectory that inflation has been on for some time now. It is true that the significant increase in electricity tariffs has delayed this process, but we are opposed to thinking that it has diverted it completely.
The Central Bank of Chile has resumed the reduction of interest rates, which has led to a greater relevance of the UF and short-term bonds as conservative investment alternatives.
