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2 10. 3 5. 4 4. 8 5. 8 gross fixed capital formation 14. 4 16. 9 17. 6 7. 1 5. 8 8. 9 total consumption 8. 2 8. 1 7. 9 4. 9 4. 5 4. 8 goods and services exports 6. 5 7. 4 4. 6 5. 0 3. 7 3. 8 goods and services imports 12. 0 14. 3 14. 4 4. 6 3. 0 5. 9 current account ( % of gdp ) - 1. 0 - 1. 5 - 1. 3 - 2. 1 - 3. 3 - 3. 4 ( f ) forecast. ( * ) september and december forecasts were done with national accounts with 2003 as the base year. figures for 2010 and 2011 as well as the march forecast, with the national accounts with 2008 as the base year, using chained indexes. source : central bank of chile. bis central bankers ’ speeches figure 1 cpi inflation ( * ) ( annual change, percent ) cpix inflation ( * ) ( annual change, percent ) - 2 - 2 - 2 - 2 - 4 - 4 - 4 - 4 07 08 09 10 11 12 13 14 07 08 09 10 11 12 13 14 dec. 11 report mar. 12 report ( * ) gray area, as from the first quarter of 2012, shows forecast. sources : central bank of chile and national statistics institute ( ine ). figure 2 mpr and expectations ( percent ) mpr forward, sep. 11 sep. 11report report forward, forward, forward ipom dec. 11 diciembre report 2011 forward mar. 12 forward, mar. 12report report source : central bank of chile. bis central bankers ’ speeches