Inflation Rate in Chile increased to 14.10 percent in August from 13.10 percent in July of 2022. source: National Institute of Statistics, Chile

Inflation Rate in Chile averaged 39.61 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 October of 2022.

Inflation Rate in Chile is expected to be 13.70 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 2023 and 3.00 percent in 2024, according to our econometric models.

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Chile Inflation Rate



Calendar GMT Actual Previous Consensus TEForecast
2022-08-08 12:00 PM Jul 13.1% 12.5% 11.6%
2022-09-08 12:00 PM Aug 14.1% 13.1% 13.5%
2022-10-07 12:00 PM Sep 14.1% 13.7%


Related Last Previous Unit Reference
Inflation Rate 14.10 13.10 percent Aug 2022
Consumer Price Index CPI 125.67 124.16 points Aug 2022
Core Consumer Prices 120.21 119.16 points Aug 2022
Core Inflation Rate 10.30 9.90 percent Jul 2022
Food Inflation 21.72 19.44 percent Aug 2022
Producer Prices Change 17.20 21.00 percent Aug 2022
Producer Prices 189.69 190.70 points Aug 2022
Inflation Rate MoM 1.20 1.40 percent Aug 2022
CPI Transportation 142.26 140.01 points Aug 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); 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.
Actual Previous Highest Lowest Dates Unit Frequency
14.10 13.10 746.30 -3.40 1951 - 2022 percent Monthly
2018=100

News Stream
Chile Inflation at 30-Year High
The annual inflation rate in Chile surged to 14.1 percent in August of 2022, picking up from a 13.1 percent jump in July amid a weak peso and soaring energy costs, marking the sharpest increase in consumer prices since June of 1992. Prices rose faster for food and non-alcoholic beverages (21.7 percent vs 19.4 percent in July), transportation (27.8 percent vs 26.4 percent), housing and utilities (10.8 percent vs 10.7 percent) and recreation and culture (16.9 percent vs 16.4 percent). On a monthly basis, consumer prices rose by 1.2 percent, easing from the 1.4 percent gain in the previous month but surpassing expectations of a 1 percent rise.
2022-09-08
Chile Inflation Rate at 28-Year High
The annual inflation rate in Chile surged to 13.1 percent in July of 2022, accelerating from 12.5 percent in the prior month. It was the highest reading since March of 1994, amid soaring costs of energy and the Chilean peso reaching record lows. Prices advanced faster for transportation (26.4 percent vs 24.4 percent in June), food and non-alcoholic beverages (19.4 percent vs 18.5 percent), housing and utilities (10.7 percent vs 9.9 percent), and recreation and culture (16.4 percent vs 15.4 percent). The core inflation rate rose to 10.3 percent from 9.9 percent in the previous month. On a monthly basis, the CPI rose by 1.4 percent, compared to the 0.9 percent rise in the previous month and surpassing expectations of a 1.15 percent increase.
2022-08-08
Chile Inflation Rate at 28-Year High
The annual inflation rate in Chile surged to 12.5 percent in June of 2022, accelerating from 11.5 percent in the prior month. It was the highest reading since June of 1994, as prices advanced faster for food and non-alcoholic beverages (18.5 percent vs 17.1 percent in May), transportation (244 percent vs 22.3 percent), and housing and utilities (9.9 percent vs 9.6 percent). The core inflation rate rose 9.9 percent, picking up from a 9 percent rise in the previous month. On a monthly basis, consumer prices went up by 0.9 percent, easing from a 1.2 percent rise in May.
2022-07-08