The annual inflation rate in Chile eased to 12.8 percent in December of 2022 from 13.3 percent in the previous month. Prices eased for housing & utilities (9.6 percent vs. 10.0 percent in November) and transport (18.3 percent vs. 22.1 percent). On the other hand, food & non-alcoholic beverages advanced faster (24.7 percent vs. 24 percent). Monthly, consumer prices rose by 0.3 percent in December, easing from a 1.0 percent increase in the previous month. source: National Institute of Statistics, Chile

Inflation Rate in Chile averaged 39.49 percent from 1951 until 2022, 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 February of 2023.

Inflation Rate in Chile is expected to be 10.10 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Chile Inflation Rate is projected to trend around 4.00 percent in 2024, according to our econometric models.

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Chile Inflation Rate



Calendar GMT Actual Previous Consensus TEForecast
2022-12-07 11:00 AM Nov 13.3% 12.8% 12.7%
2023-01-06 11:00 AM Dec 12.8% 13.3% 13.2%
2023-02-08 11:00 AM Jan 12.8% 11.7%


Related Last Previous Unit Reference
Inflation Rate 12.80 13.30 percent Dec 2022
Consumer Price Index CPI 129.02 128.65 points Dec 2022
Core Inflation Rate 8.60 9.50 percent Dec 2022
Core Consumer Prices 122.27 122.08 points Dec 2022
Food Inflation 24.70 23.95 percent Dec 2022
Producer Prices Change 3.00 13.50 percent Dec 2022
Producer Prices 180.68 193.34 points Dec 2022
Inflation Rate MoM 0.30 1.00 percent Dec 2022
CPI Transportation 144.29 145.09 points Dec 2022

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); Housing and Basic Services for 15 percent; Transportation for 13 percent; Health for 8 percent; Education for 7; Recreation and Culture for 7; Household Equipment and Maintenance for 7 percent and Restaurant and Hotels account for 6 percent. Others include: Communication (5 percent); Miscellaneous Goods and Services (5 percent); Alcoholic Beverages and Tobacco (5 percent) and Clothing and Footwear (4 percent). The national index has a base of 100 as of 2018.
Actual Previous Highest Lowest Dates Unit Frequency
12.80 13.30 746.30 -3.40 1951 - 2022 percent Monthly
2018=100

News Stream
Chile Inflation Rate Eases to 12.8% in December
The annual inflation rate in Chile eased to 12.8 percent in December of 2022 from 13.3 percent in the previous month. Prices eased for housing & utilities (9.6 percent vs. 10.0 percent in November) and transport (18.3 percent vs. 22.1 percent). On the other hand, food & non-alcoholic beverages advanced faster (24.7 percent vs. 24 percent). Monthly, consumer prices rose by 0.3 percent in December, easing from a 1.0 percent increase in the previous month.
2023-01-06
Chile Inflation Rate Rises to 13.3% in November
The annual inflation rate in Chile rose to 13.3 percent in November of 2022 from 12.8 percent in the previous month. Prices advanced faster for food & non-alcoholic beverages (24 percent vs. 22 percent in October) and transport (22.1 percent vs. 20.5 percent). On the other hand, housing & utilities slowed further (10 percent vs. 10.1 percent). Monthly, consumer prices rose by 1.0 percent in November, accelerating from a 0.5 percent increase in the previous month, compared with market expectations of 0.5 percent.
2022-12-07
Chile Inflation Eases for Second Straight Month
The annual inflation rate in Chile eased to 12.8 percent in October of 2022 from 13.7 percent in the previous month. Inflation cooled for the second consecutive month as prices eased for housing & utilities (10.1 percent vs. 10.8 percent in September) and transport (20.5 percent vs. 24.2 percent). Meanwhile, food & non-alcoholic beverages prices advanced faster (22.0 percent vs. 21.9 percent). Monthly, consumer prices rose by 0.5 percent in October, slowing from a 0.9 percent increase in the previous month, compared with market expectations of 0.9 percent.
2022-11-08