Inflation Chile 1983
Average inflation: 27.3%
Current Inflation
Inflation is very high at 27.3%, far above the ECB target.
Peak and Trough
The highest inflation was in June at 32.3%. The lowest inflation was in January at 22.0%.
- Highest month
- June: 32.3%
- Lowest month
- January: 22.0%
- Difference
- 10.3 percentage points
- Months with data
- 12 of 12
Historical Context
Current inflation is 2.1% higher than the 5-year average of 25.2%.
- 5-year average
- 25.2%
- 10-year average
- 146.4%
- All-time high (1974)
- 586.1%
- All-time low (1982)
- 9.8%
Trend
Inflation shows an upward trend. Compared to 1982, inflation has risen by +17.5 percentage point.
- Change vs. previous year
- +17.5 percentage points
- Largest monthly swing
- June: +28.1 percentage points
ECB Target
Inflation is 25.3% 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 €127.30 next year at this inflation rate.
Multi-year trend
Monthly figures 1983
Month overview
| Month | Inflation | Difference vs. 1982 |
|---|---|---|
| January | 22.0% | +13.5 |
| February | 23.1% | +15.8 |
| March | 24.9% | +17.9 |
| April | 28.7% | +23.1 |
| May | 31.2% | +27.5 |
| June | 32.3% | +28.1 |
| July | 32.3% | +26.6 |
| August | 31.6% | +23.8 |
| September | 29.1% | +17.8 |
| October | 26.2% | +9.9 |
| November | 23.7% | +3.7 |
| December | 23.1% | +2.4 |
| Average | 27.3% |
Data source
Data from OECD. Last updated: 24/11/2025.