Chile's annual inflation rate was little changed at 3.9% in May 2026, compared with 4.0% in April. The strongest price pressures continued to come from transport (10.1%), followed by restaurants and lodging (6.5%), education (5.9%), healthcare (5.6%), and housing and utilities (4.2%). In contrast, prices declined for clothing and footwear (-4.9%) and insurance and financial services (-4.4%). On a monthly basis, consumer prices rose 0.2%, easing sharply from the 1.3% increase recorded in April. In the first five months of the year, inflation accumulated to 2.8%, indicating that price growth remained moderate despite persistent pressures in transportation and services. source: National Institute of Statistics, Chile

Inflation Rate in Chile decreased to 3.90 percent in May from 4 percent in April of 2026. Inflation Rate in Chile averaged 37.93 percent from 1951 until 2026, 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 June of 2026.

Inflation Rate in Chile decreased to 3.90 percent in May from 4 percent in April of 2026. Inflation Rate in Chile is expected to be 4.00 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 3.10 percent in 2027 and 3.00 percent in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-05-08 12:00 PM
Inflation Rate YoY
Apr 4.0% 2.8% 3.0%
2026-06-08 12:00 PM
Inflation Rate YoY
May 3.9% 4.0% 4.3%
2026-07-08 12:00 PM
Inflation Rate YoY
Jun 3.9% 4.0%


Related Last Previous Unit Reference
Consumer Price Index CPI 112.37 112.18 points May 2026
Core Consumer Prices 109.91 109.51 points May 2026
Core Inflation Rate 2.89 1.90 percent May 2026
Core Inflation Rate MoM 0.40 0.30 percent May 2026
CPI Transportation 112.99 112.30 points May 2026
Food Inflation 2.50 3.60 percent May 2026
Inflation Rate YoY 3.90 4.00 percent May 2026
Inflation Rate MoM 0.20 1.30 percent May 2026
Producer Prices 210.13 206.79 points Apr 2026
PPI YoY 17.70 14.80 percent Apr 2026


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
3.90 4.00 746.30 -3.40 1951 - 2026 percent Monthly
2023=100

News Stream
Chile Inflation Stays Near One-Year High
Chile's annual inflation rate was little changed at 3.9% in May 2026, compared with 4.0% in April. The strongest price pressures continued to come from transport (10.1%), followed by restaurants and lodging (6.5%), education (5.9%), healthcare (5.6%), and housing and utilities (4.2%). In contrast, prices declined for clothing and footwear (-4.9%) and insurance and financial services (-4.4%). On a monthly basis, consumer prices rose 0.2%, easing sharply from the 1.3% increase recorded in April. In the first five months of the year, inflation accumulated to 2.8%, indicating that price growth remained moderate despite persistent pressures in transportation and services.
2026-06-08
Chile Annual Inflation Accelerates in March
Chile's annual inflation rate accelerated to 2.8% in March 2026 from 2.4% in February. The strongest price pressures were recorded in restaurants and lodging at 6.2%, education at 6.1%, healthcare at 5.0%, and food and non-alcoholic beverages at 3.5%. Prices also rose for alcoholic beverages and tobacco at 3.1%, utilities at 2.9%, recreation and sports at 1.8%, household equipment and maintenance at 1.5%, transport at 1.3%, and information and communication at 1.3%. Deflation was seen in clothing and footwear at 3.8% and financial services and insurance at 6.0%. On a monthly basis, prices rose 1.0% following a 0.4% increase in February.
2026-04-08
Chilean Annual Inflation Eases to Lowest Since August 2020
Chile's annual inflation rate eased to 2.4% in February 2026, the lowest since August 2020, down from 2.8% in January. Price pressures were strongest in restaurants and lodging (6.0%), education (5.5%), and healthcare (5.2%). The cost of food rose 4.2%, while housing and utilities rose 3.1%. Multiple sectors recorded price drops, transport fell 2.0%, while deflation was also recorded in clothing and footwear (-4.5%), insurance and financial services (-4.8%), and information and communication (-0.4%). On a monthly basis, prices remained unchanged, following a 0.4% rise in January.
2026-03-06