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Inflation Data In The Spotlight, Expected To Rise To 8.7% Y/y

CHILE
  • 1300BST/0800ET - Chile March CPI Y/y, est. 8.7%, prior 7.8%; M/m est. 1.2%, prior 0.3%
  • The $3.7 Billion economic plan proposed by President Gabriel Boric will not affect fiscal balances for 2022, Finance minister Mario Marcel reiterated on Thursday:
    • Resources will come from the reallocation of government funds and money left over from the previous year from higher tax revenue.
    • It is a “responsible” plan from a fiscal point of view.

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