Inflation Chile 2014

Average inflation: 4.7%

Current Inflation

Inflation is high at 4.7%, well above the ECB target.

Peak and Trough

The highest inflation was in October at 6.1%. The lowest inflation was in January at 3.0%.

Highest month
October: 6.1%
Lowest month
January: 3.0%
Difference
3.1 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 9.9%. The lowest price increase was in Clothing and footwear with an average of -5.9%.

Highest increase
Alcoholic beverages, tobacco and narcotics: 9.9%
Lowest increase
Clothing and footwear: -5.9%

Historical Context

Current inflation is 1.9% higher than the 5-year average of 2.8%.

5-year average
2.8%
10-year average
3.4%
All-time high (2008)
8.7%
All-time low (2009)
0.4%

Trend

Inflation shows an upward trend. Compared to 2013, inflation has risen by +2.9 percentage point.

Change vs. previous year
+2.9 percentage points
Largest monthly swing
October: +4.6 percentage points

ECB Target

Inflation is 2.7% 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 €104.70 next year at this inflation rate.

Multi-year trend

Monthly figures 2014

Inflation by category

Food and non-alcoholic beverages
6.9%
+2.2vs avg.
More details →
Alcoholic beverages, tobacco and narcotics
9.9%
+5.2vs avg.
More details →
Clothing and footwear
-5.9%
-10.6vs avg.
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Housing, water, electricity, gas and other fuels
6.3%
+1.6vs avg.
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Furnishings, household equipment and maintenance
3.2%
-1.5vs avg.
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Health
3.9%
-0.8vs avg.
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Transport
5.3%
+0.6vs avg.
More details →
Communication
-1.4%
-6.1vs avg.
More details →
Recreation and culture
1.5%
-3.2vs avg.
More details →
Education
5.8%
+1.1vs avg.
More details →
Restaurants and hotels
8.0%
+3.3vs avg.
More details →
Miscellaneous goods and services
3.4%
-1.3vs avg.
More details →

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

Month overview

Month Inflation Difference vs. 2013
January 3.0% +1.4
February 3.4% +2.1
March 3.9% +2.4
April 5.0% +4.0
May 5.4% +4.5
June 4.8% +2.9
July 4.7% +2.5
August 4.8% +2.6
September 5.1% +3.1
October 6.1% +4.6
November 5.7% +3.3
December 4.7% +1.7
Average 4.7%

Data source

Data from OECD. Last updated: 11/01/2026.

See also