Inflation Rate in Chile decreased to 4.10 percent in June from 4.40 percent in May of 2025. This dataset provides - Chile Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

This statistic shows the average inflation rate in Chile from 1987 to 2024, with projections up until 2030. In 2024, the average inflation rate in Chile had amounted to about 3.93 percent compared to the previous year. Chile's slowing economy The inflation rate in Chile has fluctuated from a low of 1.41 percent in 2010 to a high of 4.39 percent as of 2014. Despite the central bank having issued a target inflation rate of 3 percent, it was not reached in 2014, 2015 or 2016, defying expectations. Rising inflation is said to be affected by a weakening peso, combined with a relatively weak economy. While these inflation rates are not nearly comparable to some of the highest inflation rates around the world, slow growth and a lack of consumer and business confidence remain an underlying concern in Chile. Annual economic growth remains low at around two percent per year, fueling this concern. Further, export values are also in a slump as are those for imports, and this slow growth has had a significant effect on GDP growth per capita: In 2013, GDP per capita was around 15,713 U.S. dollars per capita, and in 2016 it is expected to drop by almost a fifth. In response, this year Chile has introduced a number of measures to help boost the economy, and 2016 is supposed to be the “Year of Productivity” with hopes of increasing trade and investment to raise growth and wages.

Chile inflation rate for 2024 was 4.30%, a 3.28% decline from 2023.

<ul style='margin-top:20px;'>

<li>Chile inflation rate for 2023 was <strong>7.58%</strong>, a <strong>4.06% decline</strong> from 2022.</li>
<li>Chile inflation rate for 2022 was <strong>11.64%</strong>, a <strong>7.12% increase</strong> from 2021.</li>
<li>Chile inflation rate for 2021 was <strong>4.52%</strong>, a <strong>1.48% increase</strong> from 2020.</li>
</ul>Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used.

Core consumer prices in Chile increased 3.96 percent in June of 2025 over the same month in the previous year. This dataset provides - Chile Core Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

In 2024, the annual end-of-period inflation rate of Chile was approximately 4.53 percent. Between 1980 and 2024, the figure dropped by around 26.71 percentage points, though the decline followed an uneven course rather than a steady trajectory. The rate is forecast to decline by about 1.53 percentage points from 2024 to 2030, fluctuating as it trends downward.The International Monetary Fund describes this indicator as a measure of inflation based upon the year-on-year percent change in the end-of-period consumer price index (CPI). The said index measure is based upon the cost of a typical basket of goods and services at the end of a given time period.

Graph and download economic data for Inflation, consumer prices for Chile (FPCPITOTLZGCHL) from 1971 to 2024 about Chile, consumer, CPI, inflation, price index, indexes, and price.

The Consumer Price Index gauges the price changes in a basket of goods and services in a defined time period. In Chile, the CPI in September 2022 was 13.7 percent higher than the one registered the same month of the previous year, with this figure being the second largest inflation rate since, at least, the beginning of 2018.

The Consumer Price Index in Chile decreased 0.40 percent in June of 2025 over the previous month. This dataset provides - Chile Inflation Rate MoM- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Core Inflation Rate MoM in Chile decreased to -0.30 percent in June from 0.30 percent in May of 2025. This dataset includes a chart with historical data for Chile Core Inflation Rate MoM.

Central Bank of Chile: Inflation Target data was reported at 3.000 % in 2024. This stayed constant from the previous number of 3.000 % for 2023. Central Bank of Chile: Inflation Target data is updated yearly, averaging 3.000 % from Dec 2000 (Median) to 2024, with 25 observations. The data reached an all-time high of 3.000 % in 2024 and a record low of 3.000 % in 2024. Central Bank of Chile: Inflation Target data remains active status in CEIC and is reported by Central Bank of Chile. The data is categorized under Global Database’s Chile – Table CL.I001: Consumer Price Index: Inflation Target.

Chile: Inflation: percent change in the Consumer Price Index: The latest value from 2023 is 7.6 percent, a decline from 11.6 percent in 2022. In comparison, the world average is 9.9 percent, based on data from 160 countries. Historically, the average for Chile from 1971 to 2023 is 40.2 percent. The minimum value, 0.4 percent, was reached in 2009 while the maximum of 504.7 percent was recorded in 1974.

Chile Inflation Expectations: Present Month data was reported at 0.300 % in Apr 2025. This records a decrease from the previous number of 0.500 % for Mar 2025. Chile Inflation Expectations: Present Month data is updated monthly, averaging 0.300 % from Feb 2000 (Median) to Apr 2025, with 303 observations. The data reached an all-time high of 1.000 % in Sep 2022 and a record low of -0.300 % in Jan 2009. Chile Inflation Expectations: Present Month data remains active status in CEIC and is reported by Central Bank of Chile. The data is categorized under Global Database’s Chile – Table CL.I004: Consumer Price Index: National: Forecast: Central Bank of Chile.

As of September 2024, housing and basic services was the sector that experienced the largest price increase in Chile when compared to the first month of 2024. More specifically, the consumer price index (CPI) of this sector grew by 6.7 percentage points in the span of 9 months. Only one division experienced a fall in the CPI when compared to January 2024: clothing and footwear.

Graph and download economic data for Consumer Price Index: OECD Groups: All Items Non-Food Non-Energy: Total for Chile (CPGRLE01CLM657N) from Dec 1998 to Dec 2023 about Chile, core, all items, CPI, inflation, price index, indexes, and price.

Graph and download economic data for Consumer Price Index: OECD Groups: All Items Non-Food Non-Energy: Total for Chile (CPGRLE01CLQ657N) from Q1 1999 to Q4 2023 about Chile, core, all items, CPI, inflation, price index, indexes, and price.

Cost of food in Chile increased 2.30 percent in June of 2025 over the same month in the previous year. This dataset provides - Chile Food Inflation - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Chile: Inflation forecast: The latest value from 2030 is 3 percent, unchanged from 3 percent in 2029. In comparison, the world average is 3.65 percent, based on data from 182 countries. Historically, the average for Chile from 1980 to 2030 is 8.45 percent. The minimum value, -1.48 percent, was reached in 2009 while the maximum of 31.24 percent was recorded in 1980.

Central Bank of Chile: Inflation Target: Upper Limit data was reported at 4.000 % in 2024. This stayed constant from the previous number of 4.000 % for 2023. Central Bank of Chile: Inflation Target: Upper Limit data is updated yearly, averaging 4.000 % from Dec 2000 (Median) to 2024, with 25 observations. The data reached an all-time high of 4.000 % in 2024 and a record low of 4.000 % in 2024. Central Bank of Chile: Inflation Target: Upper Limit data remains active status in CEIC and is reported by Central Bank of Chile. The data is categorized under Global Database’s Chile – Table CL.I001: Consumer Price Index: Inflation Target.

Consumer Price Index CPI in Chile decreased to 107.68 points in June from 108.12 points in May of 2025. This dataset provides - Chile Consumer Price Index (CPI) - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Inflation, annual percent change in the CPI in Chile, June, 2025 The most recent value is 4.12 percent as of June 2025, a decline compared to the previous value of 4.44 percent. Historically, the average for Chile from January 1996 to June 2025 is 4.06 percent. The minimum of -2.27 percent was recorded in November 2009, while the maximum of 14.08 percent was reached in August 2022. | TheGlobalEconomy.com