The annual inflation rate in Chile surged to 5.3 percent in September of 2021 from 4.8 percent in the prior month. It was the highest rate since November of 2014, as prices accelerated for food and non-alcoholic beverages (5.2 percent vs 4.9 percent in August), transportation (12.6 percent vs 10.1 percent), housing and utilities (5.6 percent vs 5 percent), and restaurant and hotels (6.9 percent vs 6.2 percent). Meanwhile, inflation was constant for education (at 2.6 percent), and eased for furniture and household maintenance (6.1 percent vs 6.2 percent), leisure and culture (2.7 percent vs 2.8 percent), and healthcare (1.9 percent vs 2 percent). On a monthly basis, consumer prices rose 1.2 percent from 0.4 percent in the previous month, the highest monthly rate since 2008 and surpassing market expectations of 0.8 percent. source: National Institute of Statistics, Chile

Inflation Rate in Chile averaged 40 percent from 1951 until 2021, 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 2021.

Inflation Rate in Chile is expected to be 3.40 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 2.90 percent in 2022 and 2.80 percent in 2023, according to our econometric models.

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Chile Inflation Rate


Calendar GMT Actual Previous Consensus TEForecast
2021-07-08 12:00 PM Jun 3.8% 3.6% 3.8%
2021-08-06 12:00 PM Jul 4.5% 3.8% 3.9%
2021-09-08 11:00 AM Aug 4.8% 4.5% 4.7%
2021-10-08 11:00 AM Sep 5.3% 4.8% 5%
2021-11-08 11:00 AM Oct 5.3%
2021-12-07 11:00 AM Nov
Go to our Calendar for more events. Or learn more about the Calendar API for direct access.


News Stream
Chile Inflation Rate Highest Since 2014
The annual inflation rate in Chile surged to 5.3 percent in September of 2021 from 4.8 percent in the prior month. It was the highest rate since November of 2014, as prices accelerated for food and non-alcoholic beverages (5.2 percent vs 4.9 percent in August), transportation (12.6 percent vs 10.1 percent), housing and utilities (5.6 percent vs 5 percent), and restaurant and hotels (6.9 percent vs 6.2 percent). Meanwhile, inflation was constant for education (at 2.6 percent), and eased for furniture and household maintenance (6.1 percent vs 6.2 percent), leisure and culture (2.7 percent vs 2.8 percent), and healthcare (1.9 percent vs 2 percent). On a monthly basis, consumer prices rose 1.2 percent from 0.4 percent in the previous month, the highest monthly rate since 2008 and surpassing market expectations of 0.8 percent.
2021-10-08
Chile Inflation Rate Highest Since 2016
The annual inflation rate in Chile rose to 4.8 percent in August of 2021 from 4.5 percent in the prior month. It was the highest increase in consumer prices since January of 2016, mainly boosted by prices of transports (10.1 percent vs 8.5 percent in July); miscellaneous goods & services (7.9 percent vs 7.1 percent); restaurants & hotels (6.2 percent vs 4.1 percent); and housing & utilities (5 percent vs 4.4 percent). On a monthly basis, consumer prices rose 0.4 percent in line with market expectations, after a 0.8 percent jump in July, while core consumer prices grew 0.4 percent following a 0.6 percent increase in the previous month.
2021-09-08
Chile Inflation Rate at Over 5-Year High
The annual inflation rate in Chile quickened to 4.5 percent in July of 2021 from 3.8 percent in the prior month. It was the highest increase in consumer prices since March of 2016, mainly boosted by prices of food & non-alcoholic beverages (5.0 percent vs 4.6 percent in June); transport (8.5 percent vs 5.9 percent); housing & utilities (4.4 percent vs 3.5 percent); furniture & household maintenance (6.5 percent vs 5.4 percent); and miscellaneous goods & services (7.1 percent vs 7.0 percent). On a monthly basis, consumer prices rose 0.8 percent, after a 0.1 percent uptick in June, while core consumer prices increased 0.6 percent, after a 0.1 percent drop in the previous month.
2021-08-06
Chile Inflation Rate at 16-Month High
The annual inflation rate in Chile rose to 3.8 percent in June of 2021 from 3.6 percent in the previous month. It was the highest increase in consumer prices since February of 2020, mainly driven by food & non-alcoholic beverages (4.6 percent); transports (5.9 percent); furniture & household maintenance (5.4 percent); and miscellaneous goods & services (7.0 percent). On a monthly basis, consumer prices edged up 0.1 percent, easing from a 0.3 percent gain in May, while core consumer prices fell 0.1 percent, after a 0.3 percent grow in the prior month.
2021-07-08

Chile Last Unit Reference Previous Highest Lowest
Inflation Rate 5.30 percent Sep/21 4.80 746.30 -3.40
Consumer Price Index CPI 111.45 points Sep/21 110.15 111.45 0.00
Core Consumer Prices 109.43 points Sep/21 108.41 116.92 2.96
Core Inflation Rate 3.80 percent Aug/21 3.60 37.70 -2.90
Food Inflation 5.20 percent Sep/21 4.90 10.20 -0.40
CPI Transportation 114.30 points Sep/21 111.31 114.30 97.70
Inflation Rate Mom 1.20 percent Sep/21 0.40 87.58 -6.54
Producer Prices Change 28.70 percent Aug/21 27.40 38.90 -13.21
Producer Prices 161.84 points Aug/21 157.55 161.84 85.21


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.