The annual inflation rate in Chile surged to 11.5 percent in May of 2022, accelerating from 10.5 percent in the prior month. It was the highest reading since July of 1994, as prices advanced faster for food and non-alcoholic beverages (17.1 percent vs 14.8 percent in April), transportation (22.3 percent vs 21.4 percent), and housing and utilities (9.6 percent vs 8.3 percent). The core inflation rate rose 9 percent, picking up from an 8.3 percent seen in the previous month. On a monthly basis, consumer prices rose by 1.2 percent, above market expectations of a 1.05 percent increase but easing from the 1.4 percent rise in March. source: National Institute of Statistics, Chile
Inflation Rate in Chile averaged 39.70 percent from 1951 until 2022, 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 July of 2022.
Inflation Rate in Chile is expected to be 12.20 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 4.00 percent in 2023 and 3.00 percent in 2024, according to our econometric models.