Inflation Chile 1991

Average inflation: 22.0%

Current Inflation

Inflation is very high at 22.0%, far above the ECB target.

Peak and Trough

The highest inflation was in January at 24.8%. The lowest inflation was in October at 17.8%.

Highest month
January: 24.8%
Lowest month
October: 17.8%
Difference
7.0 percentage points
Months with data
12 of 12

Historical Context

Current inflation is 2.1% higher than the 5-year average of 19.9%.

5-year average
19.9%
10-year average
20.7%
All-time high (1974)
586.1%
All-time low (1982)
9.8%

Trend

Inflation shows an upward trend. Compared to 1990, inflation has risen by -3.9 percentage point.

Change vs. previous year
-3.9 percentage points
Largest monthly swing
October: -12.6 percentage points

ECB Target

Inflation is 20.0% 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 €122.00 next year at this inflation rate.

Multi-year trend

Monthly figures 1991

Month overview

Month Inflation Difference vs. 1990
January 24.8% +1.7
February 24.5% +1.2
March 23.0% -0.9
April 23.1% -1.7
May 24.3% 0.0
June 23.8% -1.0
July 24.0% -0.6
August 23.0% -2.8
September 18.8% -10.5
October 17.8% -12.6
November 17.8% -11.6
December 18.7% -8.6
Average 22.0%

Data source

Data from OECD. Last updated: 24/11/2025.

See also