Consumer prices in Chile dropped 0.5% in December from the month before, data from statistics agency INE showed on Monday, below all market estimates in a Reuters poll of economists that had a median forecast of a 0.1% fall.

Annual inflation continued to slide in the month, reaching 3.9% after the 4.8% seen in the previous month. (Reporting by Gabriel Araujo and Natalia Ramos; Editing by Steven Grattan)