Inflation Chile 1988
Average inflation: 14.8%
Current Inflation
Inflation is very high at 14.8%, far above the ECB target.
Peak and Trough
The highest inflation was in January at 19.9%. The lowest inflation was in November at 10.9%.
- Highest month
- January: 19.9%
- Lowest month
- November: 10.9%
- Difference
- 9.0 percentage points
- Months with data
- 12 of 12
Historical Context
Current inflation is 6.2% lower than the 5-year average of 21.0%.
- 5-year average
- 21%
- 10-year average
- 23.1%
- All-time high (1974)
- 586.1%
- All-time low (1982)
- 9.8%
Trend
Inflation shows a downward trend. Compared to 1987, inflation has fallen by +5.0 percentage point.
- Change vs. previous year
- -5.0 percentage points
- Largest monthly swing
- November: -12.0 percentage points
ECB Target
Inflation is 12.8% 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 €114.80 next year at this inflation rate.
Multi-year trend
Monthly figures 1988
Month overview
| Month | Inflation | Difference vs. 1987 |
|---|---|---|
| January | 19.9% | +3.3 |
| February | 18.3% | +0.8 |
| March | 18.6% | +0.9 |
| April | 16.8% | -2.0 |
| May | 15.6% | -4.1 |
| June | 15.5% | -3.5 |
| July | 13.7% | -6.1 |
| August | 13.0% | -7.8 |
| September | 12.0% | -9.2 |
| October | 11.0% | -11.3 |
| November | 10.9% | -12.0 |
| December | 12.7% | -8.8 |
| Average | 14.8% |
Data source
Data from OECD. Last updated: 24/11/2025.