Inflation Chile 1994
Average inflation: 11.5%
Current Inflation
Inflation is very high at 11.5%, far above the ECB target.
Peak and Trough
The highest inflation was in March at 13.7%. The lowest inflation was in October at 8.3%.
- Highest month
- March: 13.7%
- Lowest month
- October: 8.3%
- Difference
- 5.4 percentage points
- Months with data
- 12 of 12
Historical Context
Current inflation is 6.0% lower than the 5-year average of 17.5%. This approaches the lowest level since records began (11.5% in 1994).
- 5-year average
- 17.5%
- 10-year average
- 17.4%
- All-time high (1990)
- 25.9%
- All-time low (1994)
- 11.5%
Trend
Inflation shows a downward trend. Compared to 1993, inflation has fallen by +1.2 percentage point.
- Change vs. previous year
- -1.2 percentage points
- Largest monthly swing
- October: -5.3 percentage points
ECB Target
Inflation is 9.5% 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 €111.50 next year at this inflation rate.
Multi-year trend
Monthly figures 1994
Month overview
| Month | Inflation | Difference vs. 1993 |
|---|---|---|
| January | 13.2% | +1.5 |
| February | 13.1% | +0.3 |
| March | 13.7% | +1.0 |
| April | 12.7% | -0.1 |
| May | 12.7% | -0.5 |
| June | 12.7% | -0.3 |
| July | 12.3% | -0.5 |
| August | 11.2% | -2.4 |
| September | 10.4% | -1.9 |
| October | 8.3% | -5.3 |
| November | 8.9% | -3.2 |
| December | 8.9% | -3.3 |
| Average | 11.5% |
Data source
Data from OECD. Last updated: 24/11/2025.