Cost of food in Chile increased 3.50 percent in March of 2026 over the same month in the previous year. Food Inflation in Chile averaged 6.11 percent from 2014 until 2026, reaching an all time high of 24.41 percent in December of 2022 and a record low of -0.40 percent in September of 2017. source: National Institute of Statistics, Chile
Food Inflation in Chile is expected to be 2.60 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Chile Food Inflation is projected to trend around 3.00 percent in 2027, according to our econometric models.