Inflation Chile 2011

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 December at 4.4%. The lowest inflation was in January at 2.7%.

Highest month
December: 4.4%
Lowest month
January: 2.7%
Difference
1.7 percentage points
Months with data
12 of 12

Category Insights

The highest price increase was in Alcoholic beverages, tobacco and narcotics with an average of 12.9%. The lowest price increase was in Clothing and footwear with an average of -11.0%.

Highest increase
Alcoholic beverages, tobacco and narcotics: 12.9%
Lowest increase
Clothing and footwear: -11.0%

Historical Context

Current inflation is around the 5-year average of 3.6%.

5-year average
3.6%
10-year average
3.1%
All-time high (1992)
15.5%
All-time low (2009)
0.4%

Trend

Inflation shows an upward trend. Compared to 2010, inflation has risen by +1.9 percentage point.

Change vs. previous year
+1.9 percentage points
Largest monthly swing
January: +4.0 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 2011

Inflation by category

Food and non-alcoholic beverages
6.7%
+3.4vs avg.
More details →
Alcoholic beverages, tobacco and narcotics
12.9%
+9.6vs avg.
More details →
Clothing and footwear
-11.0%
-14.3vs avg.
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Housing, water, electricity, gas and other fuels
6.8%
+3.5vs avg.
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Furnishings, household equipment and maintenance
0.7%
-2.6vs avg.
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Health
2.5%
-0.8vs avg.
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Transport
5.4%
+2.1vs avg.
More details →
Communication
-2.9%
-6.2vs avg.
More details →
Recreation and culture
-6.2%
-9.5vs avg.
More details →
Education
5.2%
+1.9vs avg.
More details →
Restaurants and hotels
5.5%
+2.2vs avg.
More details →
Miscellaneous goods and services
1.6%
-1.7vs avg.
More details →

Inflation differs per product group. Click on a category for the historical trend.

Month overview

Month Inflation Difference vs. 2010
January 2.7% +4.0
February 2.7% +2.4
March 3.4% +3.1
April 3.2% +2.3
May 3.3% +1.8
June 3.4% +2.2
July 2.9% +0.6
August 3.2% +0.6
September 3.3% +1.4
October 3.7% +1.7
November 3.9% +1.4
December 4.4% +1.4
Average 3.3%

Data source

Data from OECD. Last updated: 13/01/2026.

See also