Inflation Chile 1996
Average inflation: 7.4%
Current Inflation
Inflation is very high at 7.4%, far above the ECB target.
Peak and Trough
The highest inflation was in May at 8.6%. The lowest inflation was in October at 6.2%.
- Highest month
- May: 8.6%
- Lowest month
- October: 6.2%
- Difference
- 2.4 percentage points
- Months with data
- 12 of 12
Historical Context
Current inflation is 3.7% lower than the 5-year average of 11.1%. This approaches the lowest level since records began (7.4% in 1996).
- 5-year average
- 11.1%
- 10-year average
- 15.5%
- All-time high (1977)
- 100.9%
- All-time low (1996)
- 7.4%
Trend
Inflation shows a downward trend. Compared to 1995, inflation has fallen by +0.8 percentage point.
- Change vs. previous year
- -0.8 percentage points
- Largest monthly swing
- October: -2.6 percentage points
ECB Target
Inflation is 5.4% 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 €107.40 next year at this inflation rate.
Multi-year trend
Monthly figures 1996
Month overview
| Month | Inflation | Difference vs. 1995 |
|---|---|---|
| January | 7.8% | -0.7 |
| February | 7.8% | -0.9 |
| March | 7.9% | -0.3 |
| April | 8.4% | +0.1 |
| May | 8.6% | +1.2 |
| June | 8.3% | +0.7 |
| July | 7.7% | -0.2 |
| August | 6.4% | -2.1 |
| September | 6.3% | -2.3 |
| October | 6.2% | -2.6 |
| November | 6.6% | -1.6 |
| December | 6.6% | -1.6 |
| Average | 7.4% |
Data source
Data from OECD. Last updated: 24/11/2025.