Chile’s annual inflation rate eased to 2.8% in January 2026, the lowest since February 2021, from 3.5% in December. Price pressures were strongest in restaurants and lodging (6.3%), followed by education (5.4%) and healthcare (4.9%). Food prices rose 4.1%, while housing and utilities increased 4.0%. In contrast, transport costs fell 1.1%, with deflation also recorded in clothing and footwear (-4.6%) and insurance and financial services (-1.9%). On a monthly basis, consumer prices rose 0.4% in January, reversing a 0.2% decline in December. source: National Institute of Statistics, Chile

Inflation Rate in Chile decreased to 2.80 percent in January from 3.50 percent in December of 2025. Inflation Rate in Chile averaged 38.09 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 February of 2026.

Inflation Rate in Chile decreased to 2.80 percent in January from 3.50 percent in December of 2025. Inflation Rate in Chile is expected to be 3.00 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
2026-01-08 11:00 AM
Inflation Rate YoY
Dec 3.5% 3.4% 3.3%
2026-02-06 11:00 AM
Inflation Rate YoY
Jan 2.8% 3.5% 3.3%
2026-03-06 11:00 AM
Inflation Rate YoY
Feb 2.8%


Related Last Previous Unit Reference
Consumer Price Index CPI 109.26 109.47 points Dec 2025
Core Consumer Prices 107.49 107.62 points Dec 2025
Core Inflation Rate 2.84 2.87 percent Dec 2025
Core Inflation Rate MoM 0.70 -0.10 percent Jan 2026
CPI Transportation 102.56 102.94 points Dec 2025
Food Inflation 4.20 3.60 percent Dec 2025
Inflation Rate YoY 2.80 3.50 percent Jan 2026
Inflation Rate MoM 0.40 -0.20 percent Jan 2026
Producer Prices 199.73 192.36 points Dec 2025
PPI YoY 12.80 8.90 percent Dec 2025


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
2.80 3.50 746.30 -3.40 1951 - 2026 percent Monthly
2023=100

News Stream
Chile Annual Inflation Slows to 2021-Lows
Chile’s annual inflation rate eased to 2.8% in January 2026, the lowest since February 2021, from 3.5% in December. Price pressures were strongest in restaurants and lodging (6.3%), followed by education (5.4%) and healthcare (4.9%). Food prices rose 4.1%, while housing and utilities increased 4.0%. In contrast, transport costs fell 1.1%, with deflation also recorded in clothing and footwear (-4.6%) and insurance and financial services (-1.9%). On a monthly basis, consumer prices rose 0.4% in January, reversing a 0.2% decline in December.
2026-02-06
Chile Inflation Ticks Up in December
Chile’s annual inflation edged up to 3.5% in December 2025 from 3.4% in November. Price pressures intensified in food and non-alcoholic beverages (4.2% vs 3.6%), alcoholic beverages and tobacco (3.1% vs 2.2%), household equipment and maintenance (0.9% vs 0%), healthcare (4.8% vs 4.4%), information and communication (0.2% vs 0%), and restaurants and lodging (6.7% vs 6.6%). By contrast, deflation deepened in clothing and footwear (-3.7% vs -1.8%) and re-emerged in insurance and financial services (-2.8% vs 0.4%). Inflation also cooled in housing and utilities (6.5% vs 6.7%), transport (0.7% vs 1.2%), and recreation, sports and culture (1.8% vs 1.9%). On a monthly basis, consumer prices fell 0.2% in December, reversing a 0.3% increase in November.
2026-01-08
Chile CPI Unchanged in November
Chile’s annual inflation rate was at 3.4% in November of 2025, remaining unchanged from the three-year low in the previous month. Most categories saw only minor shifts. Prices accelerated for food and non-alcoholic beverages (3.6% vs 3.1% in October), healthcare (4.4% vs 4.2%), transport (1.2% vs 0.8%), and education (5.3% vs 5.2%). Clothing and footwear posted deflation (-1.8% vs -3%). In turn, inflation eased for alcoholic beverages and tobacco (2.2% vs 3.6%), housing and utilities (6.7% vs 6.9%), and recreation, sports, and culture (1.9% vs 3.2%). Restaurants and lodging (6.6%) and household equipment and maintenance (0% vs 0.9%) saw stable or unchanged readings. Month-on-month, consumer prices rose 0.3%, after a flat reading in October.
2025-12-05