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 average inflation rate in Chile stood at approximately 3.93 percent. Between 1980 and 2024, the figure dropped by around 31.21 percentage points, though the decline followed an uneven course rather than a steady trajectory. The inflation is forecast to decline by about 0.93 percentage points from 2024 to 2030, fluctuating as it trends downward.This indicator measures inflation based upon the year-on-year change in the average consumer price index, expressed in percent. The latter expresses a country's average level of prices based on a typical basket of consumer goods and services.

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.

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.

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.

In May 2025, the inflation rate of food in Chile increased by 4.6 percent compared to the same month from the previous year.

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.

4.3 (%) in 2024. 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.

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.

The annual average consumer price index in Chile was approximately 137.48 points in 2024. Following a continuous upward trend, the index has risen by around 133.85 points since 1980. Between 2024 and 2030, the index will rise by around 29.13 points, continuing its consistent upward trajectory.As defined by the International Monetary Fund, this indicator measures inflation on the basis of the average consumer price index. This index measure expresses a country's average level of prices based on a typical basket of consumer goods and services during a certain year. Typically a reference year exists for which a value of 100 had been assigned.

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 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.

Key information about Chile Core CPI Change

• Chile Core CPI Change was reported at 3.800 % in Feb 2025.
• This records a decrease from the previous number of 4.111 % for Jan 2025.
• Chile Core CPI Change data is updated monthly, averaging 2.583 % from Jan 2010 to Feb 2025, with 182 observations.
• The data reached an all-time high of 10.885 % in Aug 2022 and a record low of -2.201 % in Jan 2010.
• Chile Core CPI Change data remains active status in CEIC and is reported by CEIC Data.
• The data is categorized under World Trend Plus’s Global Economic Monitor – Table: Core CPI: Y-o-Y Growth: Monthly.

CEIC calculates Core Consumer Price Index Growth from monthly Core Consumer Price Index. The National Institute of Statistics provides Core Consumer Price Index with base 2023=100. Core Consumer Price Index excludes Food and Energy. Core Consumer Price Index Growth prior to January 2024 is calculated from Core Consumer Price Index with base 2018=100. Core Consumer Price Index Growth prior to January 2019 is calculated from Core Consumer Price Index with base 2013=100. Core Consumer Price Index Growth prior to January 2014 is calculated from Core Consumer Price Index with base 2009=100.

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

Chile CL: Inflation:(GDP) Gross Domestic ProductDeflator: Linked Series data was reported at 6.600 % in 2023. This records a decrease from the previous number of 7.914 % for 2022. Chile CL: Inflation:(GDP) Gross Domestic ProductDeflator: Linked Series data is updated yearly, averaging 4.891 % from Dec 1990 (Median) to 2023, with 34 observations. The data reached an all-time high of 22.471 % in 1990 and a record low of 0.311 % in 2008. Chile CL: Inflation:(GDP) Gross Domestic ProductDeflator: Linked Series data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Chile – Table CL.World Bank.WDI: Inflation. Inflation as measured by the annual growth rate of the GDP implicit deflator shows the rate of price change in the economy as a whole. This series has been linked to produce a consistent time series to counteract breaks in series over time due to changes in base years, source data and methodologies. Thus, it may not be comparable with other national accounts series in the database for historical years.;World Bank staff estimates based on World Bank national accounts data archives, OECD National Accounts, and the IMF WEO database.;;

Inflation, GDP deflator: linked series (annual %) in Chile was reported at 7.715 % in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. Chile - Inflation, GDP deflator: linked series (annual %) - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.