The annual inflation rate in Chile stood at 2.3 percent in June 2019, remaining at its highest since December last year. Inflation was steady for education (4.9 percent, the same as in May); and furnishings (1 percent) while cost rose further for food & non-alcoholic beverages (2.4 percent from 2.2 percent); recreation & culture (3.7 percent from 2.4 percent); miscellaneous goods & services (2.8 percent from 2.4 percent); and alcoholic beverages & tobacco (2.8 percent from 2.6 percent). On the other hand, prices slowed for transport (1.3 percent from 2.1 percent); housing & utilities (4.1 percent from 4.7 percent); health (1.7 percent from 1.9 percent); and restaurants & hotels (3 percent from 3.2 percent). On a monthly basis, consumer prices were flat, after a 0.6 percent gain in May and below market expectations of a 0.5 percent rise. Inflation Rate in Chile averaged 41.26 percent from 1951 until 2019, reaching an all time high of 746.30 percent in April of 1974 and a record low of -3.40 percent in November of 2009.

Inflation Rate in Chile is expected to be 2.10 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Inflation Rate in Chile to stand at 2.80 in 12 months time. In the long-term, the Chile Inflation Rate is projected to trend around 3.00 percent in 2020, according to our econometric models.

Chile Inflation Rate
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Calendar GMT Actual Previous Consensus TEForecast
2019-04-08 12:00 PM Inflation Rate YoY Mar 2% 1.7% 1.8%
2019-05-08 12:00 PM Inflation Rate YoY Apr 2% 2% 2.1%
2019-06-07 12:00 PM Inflation Rate YoY May 2.3% 2% 2.1%
2019-07-08 12:00 PM Inflation Rate YoY Jun 2.3% 2.3% 2.5%
2019-08-08 12:00 PM Inflation Rate YoY Jul 2.3% 2.5%
2019-09-06 11:00 AM Inflation Rate YoY Aug
2019-10-08 11:00 AM Inflation Rate YoY Sep 2.4%


Chile Prices Last Previous Highest Lowest Unit
Inflation Rate 2.30 2.30 746.30 -3.40 percent [+]
Consumer Price Index CPI 102.03 102.15 102.15 0.00 Index Points [+]
Core Consumer Prices 102.11 102.12 116.92 2.96 Index Points [+]
Core Inflation Rate 2.10 2.00 37.70 -2.90 percent [+]
Export Prices 93.80 92.50 116.60 40.80 Index Points [+]
Import Prices 85.68 89.29 109.78 66.62 Index Points [+]
Food Inflation 2.40 2.20 10.20 -0.40 percent [+]
Producer Prices 115.02 115.03 145.92 85.21 Index Points [+]
Producer Prices Change 1.10 3.70 38.90 -13.21 percent [+]
Inflation Rate Mom 0.00 0.60 87.58 -6.54 percent [+]
CPI Transportation 100.84 101.03 108.47 97.70 Index Points [+]
GDP Deflator 129.20 125.00 129.20 98.30 Index Points [+]


Chile Inflation Rate

In Chile, the main components of the consumer price index are: Food and Non-Alcoholic Beverages (19 percent of the total weight); Transportation (14.5 percent) and Housing, Water, Electricity and Other Fuels (13.8 percent). Education account for 8 percent; Miscellaneous Goods and Services for 7.2 percent and Furniture and Household Equipment and Conservation for 7 percent. Others include: Leisure and Culture (6.7 percent); Health (6.4 percent); Communications (5 percent); Clothing and Footwear (4.5 percent); Restaurants and Hotels (4.4 percent) and Alcoholic Beverages, Narcotics and Tobacco (3.3 percent). The national index has a base of 100 as of 2013. The CPI reflects the prices and spending patterns registered in the regional capitals and suburban areas of the fifteen regions of the country. This page provides - Chile Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Chile Inflation Rate - actual data, historical chart and calendar of releases - was last updated on July of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
2.30 2.30 746.30 -3.40 1951 - 2019 percent Monthly
2018=100




Country Last Previous
Argentina 55.80 Jun/19
Australia 1.30 Mar/19
Brazil 3.37 Jun/19
Canada 2.00 Jun/19
China 2.70 Jun/19
Euro Area 1.30 Jun/19
France 1.20 Jun/19
Germany 1.60 Jun/19
India 3.18 Jun/19
Indonesia 3.28 Jun/19
Italy 0.70 Jun/19
Japan 0.70 Jun/19
Mexico 3.95 Jun/19
Netherlands 2.70 Jun/19
Russia 4.70 Jun/19
Saudi Arabia -1.50 May/19
Singapore 0.90 May/19
South Africa 4.50 May/19
South Korea 0.70 Jun/19
Spain 0.40 Jun/19
Switzerland 0.60 Jun/19
Turkey 15.72 Jun/19
United Kingdom 2.00 Jun/19
United States 1.60 Jun/19


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