In June 2024, energy inflation in Latin America and the Caribbean recorded a slight monthly increase of 0.06%, continuing the downward trend observed over the previous four months. The annual rate stood at 2.29%, lower than the regional general inflation rate of 4.33%, reflecting a deceleration in energy sector prices in the region. This contrasts with the situation in some OECD countries, where energy price volatility became evident, with significant increases in countries such as Turkey and Chile, and sharp declines in the United Kingdom and Italy.
