Inflation Chile 1978
Average inflation: 41.1%
Current Inflation
Inflation is very high at 41.1%, far above the ECB target.
Peak and Trough
The highest inflation was in January at 57.2%. The lowest inflation was in December at 30.3%.
- Highest month
- January: 57.2%
- Lowest month
- December: 30.3%
- Difference
- 26.9 percentage points
- Months with data
- 12 of 12
Historical Context
Current inflation is 226.5% lower than the 5-year average of 267.6%.
- 5-year average
- 267.6%
- 10-year average
- 218%
- All-time high (1974)
- 586.1%
- All-time low (1971)
- 20.2%
Trend
Inflation shows a downward trend. Compared to 1977, inflation has fallen by +59.8 percentage point.
- Change vs. previous year
- -59.8 percentage points
- Largest monthly swing
- January: -105.8 percentage points
ECB Target
Inflation is 39.1% 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 €141.10 next year at this inflation rate.
Multi-year trend
Monthly figures 1978
Month overview
| Month | Inflation | Difference vs. 1977 |
|---|---|---|
| January | 57.2% | -105.8 |
| February | 52.1% | -100.8 |
| March | 47.5% | -88.8 |
| April | 44.6% | -76.5 |
| May | 42.2% | -66.8 |
| June | 40.4% | -51.9 |
| July | 38.5% | -45.0 |
| August | 37.7% | -42.2 |
| September | 36.6% | -36.8 |
| October | 33.5% | -35.8 |
| November | 32.4% | -34.3 |
| December | 30.3% | -33.2 |
| Average | 41.1% |
Data source
Data from OECD. Last updated: 24/11/2025.