Inflation Chile 1993
Average inflation: 12.7%
Current Inflation
Inflation is very high at 12.7%, far above the ECB target.
Peak and Trough
The highest inflation was in August at 13.6%. The lowest inflation was in January at 11.7%.
- Highest month
- August: 13.6%
- Lowest month
- January: 11.7%
- Difference
- 1.9 percentage points
- Months with data
- 12 of 12
Historical Context
Current inflation is 5.9% lower than the 5-year average of 18.6%.
- 5-year average
- 18.6%
- 10-year average
- 19.8%
- All-time high (1974)
- 586.1%
- All-time low (1982)
- 9.8%
Trend
Inflation shows a downward trend. Compared to 1992, inflation has fallen by +2.8 percentage point.
- Change vs. previous year
- -2.8 percentage points
- Largest monthly swing
- January: -7.8 percentage points
ECB Target
Inflation is 10.7% 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 €112.70 next year at this inflation rate.
Multi-year trend
Monthly figures 1993
Month overview
| Month | Inflation | Difference vs. 1992 |
|---|---|---|
| January | 11.7% | -7.8 |
| February | 12.8% | -5.8 |
| March | 12.7% | -5.3 |
| April | 12.8% | -4.6 |
| May | 13.2% | -2.6 |
| June | 13.0% | -1.5 |
| July | 12.8% | -0.9 |
| August | 13.6% | -0.3 |
| September | 12.3% | -2.8 |
| October | 13.6% | +0.2 |
| November | 12.1% | -1.9 |
| December | 12.2% | -0.5 |
| Average | 12.7% |
Data source
Data from OECD. Last updated: 24/11/2025.