Inflation Chile 1974

Average inflation: 586.1%

Current Inflation

Inflation is very high at 586.1%, far above the ECB target.

Peak and Trough

The highest inflation was in April at 746.3%. The lowest inflation was in October at 351.0%.

Highest month
April: 746.3%
Lowest month
October: 351.0%
Difference
395.3 percentage points
Months with data
12 of 12

Historical Context

Current inflation is 337.9% higher than the 5-year average of 248.2%. This approaches the highest level since records began (586.1% in 1974).

5-year average
248.2%
10-year average
248.2%
All-time high (1974)
586.1%
All-time low (1971)
20.2%

Trend

Inflation shows an upward trend. Compared to 1973, inflation has risen by +275.0 percentage point.

Change vs. previous year
+275.0 percentage points
Largest monthly swing
April: +550.8 percentage points

ECB Target

Inflation is 584.1% above the ECB target of 2.0%. This means purchasing power is declining faster than intended.

Purchasing Power

At this high inflation rate, purchasing power rapidly decreases. This has a major impact on households, especially without adequate salary increases.

What you could buy for €100 this year will cost approximately €686.10 next year at this inflation rate.

Multi-year trend

Monthly figures 1974

Month overview

Month Inflation Difference vs. 1973
January 529.1% +348.9
February 652.0% +477.8
March 708.8% +525.5
April 746.3% +550.8
May 670.2% +431.7
June 704.6% +421.2
July 678.2% +355.0
August 637.2% +333.6
September 611.4% +325.3
October 351.0% -177.3
November 368.1% -160.8
December 375.9% -132.1
Average 586.1%

Data source

Data from OECD. Last updated: 24/11/2025.

See also