Inflation Chile 1999
Average inflation: 3.3%
Current Inflation
Inflation is high at 3.3%, well above the ECB target.
Peak and Trough
The highest inflation was in March at 4.1%. The lowest inflation was in December at 2.3%.
- Highest month
- March: 4.1%
- Lowest month
- December: 2.3%
- Difference
- 1.8 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Food and non-alcoholic beverages with an average of -0.2%. The lowest price increase was in Food and non-alcoholic beverages with an average of -0.2%.
- Highest increase
- Food and non-alcoholic beverages: -0.2%
- Lowest increase
- Food and non-alcoholic beverages: -0.2%
Historical Context
Current inflation is 2.7% lower than the 5-year average of 6.0%. This approaches the lowest level since records began (3.3% in 1999).
- 5-year average
- 6%
- 10-year average
- 11.8%
- All-time high (1980)
- 35.5%
- All-time low (1999)
- 3.3%
Trend
Inflation shows a downward trend. Compared to 1998, inflation has fallen by +1.8 percentage point.
- Change vs. previous year
- -1.8 percentage points
- Largest monthly swing
- January: -2.6 percentage points
ECB Target
Inflation is 1.3% above the ECB target of 2.0%. This means purchasing power is declining faster than intended.
Purchasing Power
At this inflation rate, purchasing power noticeably decreases. Without a salary increase, you can buy less with the same money.
What you could buy for €100 this year will cost approximately €103.30 next year at this inflation rate.
Multi-year trend
Monthly figures 1999
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 1998 |
|---|---|---|
| January | 3.6% | -2.6 |
| February | 3.8% | -1.4 |
| March | 4.1% | -1.2 |
| April | 4.0% | -1.4 |
| May | 4.0% | -1.3 |
| June | 3.8% | -1.6 |
| July | 3.4% | -1.9 |
| August | 3.2% | -2.0 |
| September | 2.9% | -1.9 |
| October | 2.5% | -1.8 |
| November | 2.6% | -1.7 |
| December | 2.3% | -2.4 |
| Average | 3.3% |
Data source
Data from OECD. Last updated: 17/12/2025.