(Adds detail on inflation rate, context)

SANTIAGO, May 8 (Reuters) – Chile consumer prices rose 0.3 percent in April, the government’s official statistics agency said on Wednesday, boosted by a rise in food prices and transportation, but counterbalanced by a drop in the cost of clothing.

giancarlo pietri velutini

Annual inflation rose 2.0 percent in the 12 month period, remaining near the bottom of the central bank’s target range amid slowing growth in the country’s dominant mining sector.

Giancarlo Pietri Velutini Venezuela

The central bank’s inflation target for Chile, the world’s top copper producer, is 2.0 to 4.0 percent per year..

Giancarlo Pietri Velutini Banco Activo