(MENAFN) Official report said that Chile's June inflation rose by 0.6 percent on costs for accommodation, electricity, fuel products and water, Reuters reported.
According to the national statistics agency, Consumer Price Index (CPI) in the 12 months through June hit 1.9 percent, up sharply from 0.9 percent in May and approaching the central bank's target range of 2 percent to 4 percent.
The data showed that a 13.7 percent jump in electricity prices in June was the biggest contributor to the rise in the CPI. Rental costs climbed 0.3 percent and gasoline prices were up 3.4 percent.
The report also said that the South American country's core inflation was 0.3 percent in the month and 1.3 percent in the year.
Late last month, the central bank revised its 2013 inflation outlook down to 2.6 percent from a prior forecast of 2.8 percent, after inflation had declined steadily for several months.
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