Inflation Chile 1979
Average inflation: 33.1%
Current Inflation
Inflation is very high at 33.1%, far above the ECB target.
Peak and Trough
The highest inflation was in December at 38.9%. The lowest inflation was in March at 29.7%.
- Highest month
- December: 38.9%
- Lowest month
- March: 29.7%
- Difference
- 9.2 percentage points
- Months with data
- 12 of 12
Historical Context
Current inflation is 123.9% lower than the 5-year average of 157.0%.
- 5-year average
- 157%
- 10-year average
- 197.5%
- All-time high (1974)
- 586.1%
- All-time low (1971)
- 20.2%
Trend
Inflation shows a downward trend. Compared to 1978, inflation has fallen by +8.0 percentage point.
- Change vs. previous year
- -8.0 percentage points
- Largest monthly swing
- January: -26.4 percentage points
ECB Target
Inflation is 31.1% 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 €133.10 next year at this inflation rate.
Multi-year trend
Monthly figures 1979
Month overview
| Month | Inflation | Difference vs. 1978 |
|---|---|---|
| January | 30.8% | -26.4 |
| February | 29.8% | -22.3 |
| March | 29.7% | -17.8 |
| April | 29.7% | -14.9 |
| May | 30.2% | -12.0 |
| June | 30.8% | -9.6 |
| July | 32.2% | -6.3 |
| August | 34.7% | -3.0 |
| September | 36.1% | -0.5 |
| October | 36.8% | +3.3 |
| November | 37.9% | +5.5 |
| December | 38.9% | +8.6 |
| Average | 33.1% |
Data source
Data from OECD. Last updated: 24/11/2025.