The annual inflation rate in Chile surged to 6 percent in October of 2021 from 5.3 percent in the prior month. It was the highest rate since January of 2009, as prices accelerated for food and non-alcoholic beverages (5.3 percent vs 5.2 percent in September), transportation (16.7 percent vs 12.6 percent), housing and utilities (6.2 percent vs 5.6 percent), restaurants and hotels (7.9 percent vs 6.9 percent), and healthcare (2.4 percent vs 1.9 percent). Meanwhile, inflation was constant for education (at 2.6 percent) and eased for furniture and household maintenance (3.8 percent vs 6.1 percent). On a monthly basis, consumer prices rose 1.3 percent from 1.2 percent in the previous month, the highest monthly rate since 2008 and surpassing market expectations of 0.9 percent. source: National Institute of Statistics, Chile
Inflation Rate in Chile averaged 39.96 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 December of 2021.
Inflation Rate in Chile is expected to be 6.40 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.