New Delhi, Sept. 21 -- For decades, the country's version of the hot dog has been one of the most affordable foods enjoyed across social classes. But as the cost of living rises and the economy struggles, even the humble snack is feeling the impact.

"Not long ago, I used to pay 2,500 pesos ($2.60) for a completo," said Antonia Bravo, a 21-year-old student. "Now, they cost 3,500 or 4,000 pesos ($3.60 or $4.10)."

Official data released this month confirmed that Chile is on the brink of recession after two consecutive quarters of economic contraction. Unemployment rose to 9.5% - the highest level in five years - while annual inflation accelerated to 4.1% in the past 12 months as food and transportation prices increased.

The weak outlook p...