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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
ChileChile Core Inflation Rate MoM fell to 0.1% in September 2026
FMPMonthlyReleased October 2026
Chile Core Inflation Rate MoM fell to 0.1% in September 2026, released October 2026, down 0.3% from August's 0.4% reading. The print came in cooler than the 0.3% consensus, a softer print than forecasters anticipated. The print is running well below the 12-month average of 0.35%. Over the past 3 months, Core Inflation Rate MoM averaged 0.4%, vs 0.35% in the prior 3-month window. Core Inflation Rate MoM is now the lowest in 8 months.
Latest Release
0.1
Actual
0.3
Consensus
0.4
Previous
Median Absolute Error
±0.43 percentage points
across last 12 releases
Last Call
Oct 2026
Predicted: 0.43
Actual: 0.1
Error: +0.32
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Co-movement | Action |
|---|---|---|---|---|---|
| XAU/USD | ▲ Direct | +0.75 | COMMODITIES | Moves with | → View |
| S&P 500 | ▲ Direct | +0.72 | INDEX | Moves with | → View |
| BTC/USD | ▲ Direct | +0.61 | CRYPTO | Moves with | → View |
| GBP/USD | ▲ Direct | +0.56 | FOREX | Moves with | → View |
| EUR/USD | ▲ Direct | +0.47 | FOREX | Moves with | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
Core Inflation Rate MoM (Chile) was reported at 0.1% in October 2026. This missed the market consensus of 0.3% by 0.2%. The reading fell from the previous value of 0.4%. Trailing 12-month context per ETL data through October 2026. Over the past 12 months, the indicator has averaged 0.3%, ranging from -0.1% to 0.7% across 8 releases.
WHY IT MATTERS
The trailing three releases averaged 0.3%, down from the prior three at 0.4%. Volatility over the past year (σ 0.23%) is lower than the prior year (σ 0.31%). In October readings over the past 3 years, Core Inflation Rate MoM has averaged 0.33%.
THE MODEL'S TAKE
Historically, this indicator is positively correlated with XAU/USD (Bullish XAU). A secondary relationship exists with S&P 500, positively correlated (Bullish S&P 500). Over the last 12 releases, the Sigmacast model's median absolute error is 0.43%.
WHAT TO WATCH NEXT
The next release is scheduled for November 6, 2026.
Auto-generated from current model state · Refreshes on each release · Last update October 2026.
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Core Inflation Rate MoM - CL
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About Core Inflation Rate MoM — Chile
DEFINITION
The Core Inflation Rate MoM (Month-over-Month) is a key financial indicator that measures the change in prices of goods and services, excluding volatile items such as food and energy, on a monthly basis. It provides insight into the underlying inflation trends and helps policymakers and investors make informed decisions about monetary policy and market strategies. This indicator is considered a more reliable measure of inflation as it eliminates the impact of temporary price fluctuations, providing a clearer picture of the overall inflationary pressures in the economy.
WHY THIS INDICATOR MATTERS
Inflation prints feed directly into central-bank policy expectations and real-yield calculations, and are among the most rate-sensitive releases on the calendar. The release is more useful as part of a longer-run signal than as a single-print catalyst. Released monthly.
WHAT CHANGED THIS MONTH
Latest reading (Sep 2026): actual 0.1 %, consensus 0.3 %. Prior reading (Aug 2026): 0.4 %. Before that (Jul 2026): 0.4 %.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a materially lower reading versus the latest print, with the 3-month outlook reinforcing that direction. Both horizons are aligned bearish for this indicator, suggesting a consistent trend signal. Trend-driven dynamics are the primary headwind in the current projection. This indicator correlates most strongly with XAU/USD (Bullish XAU, r=0.75) — a useful reference for commodities-focused traders.
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Economic Calendar - CL Events
| Monday, November 2, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
|---|---|---|---|---|---|---|---|
| 11:30 | CL | Economic Activity YoY | -1 | -2 | -1.55 | Low | |