Inflation Chile 1984
Average inflation: 19.9%
Current Inflation
Inflation is very high at 19.9%, far above the ECB target.
Peak and Trough
The highest inflation was in December at 23.0%. The lowest inflation was in August at 15.2%.
- Highest month
- December: 23.0%
- Lowest month
- August: 15.2%
- Difference
- 7.8 percentage points
- Months with data
- 12 of 12
Historical Context
Current inflation is 2.6% lower than the 5-year average of 22.5%.
- 5-year average
- 22.5%
- 10-year average
- 24.3%
- All-time high (1980)
- 35.5%
- All-time low (1982)
- 9.8%
Trend
Inflation shows an upward trend. Compared to 1983, inflation has risen by -7.4 percentage point.
- Change vs. previous year
- -7.4 percentage points
- Largest monthly swing
- August: -16.4 percentage points
ECB Target
Inflation is 17.9% 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 €119.90 next year at this inflation rate.
Multi-year trend
Monthly figures 1984
Month overview
| Month | Inflation | Difference vs. 1983 |
|---|---|---|
| January | 21.1% | -0.9 |
| February | 20.7% | -2.4 |
| March | 21.5% | -3.4 |
| April | 19.7% | -9.0 |
| May | 19.5% | -11.7 |
| June | 19.2% | -13.1 |
| July | 18.0% | -14.3 |
| August | 15.2% | -16.4 |
| September | 15.8% | -13.3 |
| October | 22.4% | -3.8 |
| November | 22.2% | -1.5 |
| December | 23.0% | -0.1 |
| Average | 19.9% |
Data source
Data from OECD. Last updated: 24/11/2025.