The annual inflation rate in Chile rose to 3.3 percent in April of 2021 from 2.9 percent in the previous month. This was the highest reading since last year’s April as prices increased at a faster pace for transports (2.0 percent vs 0.8 percent in March), housing & utilities (3.1 percent vs 2.8 percent) and restaurants & hotels (2.7 percent vs 2.0 percent). In contrast, inflation eased slightly for food & non-alcoholic beverages (5.0 percent vs 5.2 percent). On a monthly basis, consumer prices grew by 0.4 percent, precisely the same pace as in March. source: National Institute of Statistics, Chile

Inflation Rate in Chile averaged 40.25 percent from 1951 until 2021, 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. This page provides - Chile Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Chile Inflation Rate - data, historical chart, forecasts and calendar of releases - was last updated on May of 2021.

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 3.20 in 12 months time. In the long-term, the Chile Inflation Rate is projected to trend around 2.90 percent in 2022 and 2.80 percent in 2023, according to our econometric models.

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Chile Inflation Rate

Actual Previous Highest Lowest Dates Unit Frequency
3.30 2.90 746.30 -3.40 1951 - 2021 percent Monthly
2018=100


Calendar GMT Actual Previous Consensus TEForecast
2021-02-08 11:00 AM Jan 3.1% 3% 3.2%
2021-03-08 11:00 AM Feb 2.8% 3.1% 3%
2021-04-08 12:00 PM Mar 2.9% 2.8% 3%
2021-05-07 12:00 PM Apr 3.3% 2.9% 3.1%
2021-06-08 12:00 PM May 3.3% 3.1%
2021-07-08 12:00 PM Jun
2021-08-06 12:00 PM Jul
2021-09-08 11:00 AM Aug
Go to our Calendar for more events. Or learn more about the Calendar API for direct access.


News Stream
Chile Inflation Rate at 1-Year High
The annual inflation rate in Chile rose to 3.3 percent in April of 2021 from 2.9 percent in the previous month. This was the highest reading since last year’s April as prices increased at a faster pace for transports (2.0 percent vs 0.8 percent in March), housing & utilities (3.1 percent vs 2.8 percent) and restaurants & hotels (2.7 percent vs 2.0 percent). In contrast, inflation eased slightly for food & non-alcoholic beverages (5.0 percent vs 5.2 percent). On a monthly basis, consumer prices grew by 0.4 percent, precisely the same pace as in March.
2021-05-07
Chile Inflation Rate Edges Up to 2.9% in March
The annual inflation rate in Chile rose to 2.9 percent in March of 2021 from 2.8 percent in the previous month. Main upward pressure came from food & non-alcoholic beverages (5.2 percent vs 6.5 percent in February), housing & utilities (2.8 percent vs 2.6 percent), transport (0.8 percent vs -0.1 percent), furnishings & household maintenance (4.8 percent vs 5.2 percent) and health (1.7 percent vs 2.3 percent). On the other hand, prices of communication fell 1.6 percent. On a monthly basis, consumer prices grew by 0.4 percent, following a 0.2 percent gain in the month prior.
2021-04-08
Chile February Inflation Rate Eases to 2.8%
The annual inflation rate in Chile decreased to 2.8 percent in February 2021 from 3.1 percent in the previous month. Main upward pressure came from food & non-alcoholic beverages (6.5 percent vs 7.8 percent in January); housing & utilities (2.6 percent vs 2.2 percent); and furnishings & household maintenance (5.2 percent vs 5.5 percent). On the other hand, costs continued to fall for transports (-1 percent, the same as in January) and communications (-1.4 percent vs -1.8 percent). On a monthly basis, consumer prices edged up 0.2 percent, following a 0.7 percent gain in January, while core consumer prices also went up 0.2 percent, after a 0.5 percent increase.
2021-03-08
Chile Inflation Rate at 4-Month High of 3.1%
The annual inflation rate in Chile increased to 3.1 percent in January 2021 from 3 percent in the previous month. It was the highest inflation rate since September, with upward pressure coming from food & non-alcoholic beverages (7.8 percent); housing & utilities (2.2 percent) and education (3.6 percent). On the other hand, cost fell for transport (-1 percent) and communication (-1.8 percent). On a monthly basis, consumer prices went up 0.7 percent, following a 0.4 percent gain in December. Core consumer prices rose 0.5 percent over the prior month, accelerating from a 0.4 percent increase in December.
2021-02-08

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.