Inflation Chile 1989
Average inflation: 16.9%
Current Inflation
Inflation is very high at 16.9%, far above the ECB target.
Peak and Trough
The highest inflation was in October at 21.4%. The lowest inflation was in February at 12.8%.
- Highest month
- October: 21.4%
- Lowest month
- February: 12.8%
- Difference
- 8.6 percentage points
- Months with data
- 12 of 12
Historical Context
Current inflation is 3.5% lower than the 5-year average of 20.4%.
- 5-year average
- 20.4%
- 10-year average
- 21.5%
- All-time high (1974)
- 586.1%
- All-time low (1982)
- 9.8%
Trend
Inflation shows a downward trend. Compared to 1988, inflation has fallen by +2.1 percentage point.
- Change vs. previous year
- +2.1 percentage points
- Largest monthly swing
- October: +10.4 percentage points
ECB Target
Inflation is 14.9% 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 €116.90 next year at this inflation rate.
Multi-year trend
Monthly figures 1989
Month overview
| Month | Inflation | Difference vs. 1988 |
|---|---|---|
| January | 13.1% | -6.8 |
| February | 12.8% | -5.5 |
| March | 12.9% | -5.7 |
| April | 13.2% | -3.6 |
| May | 14.8% | -0.8 |
| June | 16.2% | +0.7 |
| July | 18.1% | +4.4 |
| August | 18.4% | +5.4 |
| September | 19.7% | +7.7 |
| October | 21.4% | +10.4 |
| November | 21.1% | +10.2 |
| December | 21.4% | +8.7 |
| Average | 16.9% |
Data source
Data from OECD. Last updated: 24/11/2025.