Inflation Chile 2017
Average inflation: 2.2%
Current Inflation
Inflation is normal at 2.2%, around the ECB target.
Peak and Trough
The highest inflation was in January at 2.8%. The lowest inflation was in September at 1.4%.
- Highest month
- January: 2.8%
- Lowest month
- September: 1.4%
- Difference
- 1.4 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 6.1%. The lowest price increase was in Clothing and footwear with an average of -5.1%.
- Highest increase
- Alcoholic beverages, tobacco and narcotics: 6.1%
- Lowest increase
- Clothing and footwear: -5.1%
Historical Context
Current inflation is 1.2% lower than the 5-year average of 3.4%.
- 5-year average
- 3.4%
- 10-year average
- 3.4%
- All-time high (2008)
- 8.7%
- All-time low (2009)
- 0.4%
Trend
Inflation shows a downward trend. Compared to 2016, inflation has fallen by +1.6 percentage point.
- Change vs. previous year
- -1.6 percentage points
- Largest monthly swing
- June: -2.5 percentage points
ECB Target
Inflation is close to the ECB target of 2.0%.
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 €102.20 next year at this inflation rate.
Multi-year trend
Monthly figures 2017
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2016 |
|---|---|---|
| January | 2.8% | -2.0 |
| February | 2.7% | -2.0 |
| March | 2.7% | -1.8 |
| April | 2.7% | -1.5 |
| May | 2.6% | -1.6 |
| June | 1.7% | -2.5 |
| July | 1.7% | -2.3 |
| August | 1.8% | -1.6 |
| September | 1.4% | -1.7 |
| October | 1.9% | -0.9 |
| November | 1.9% | -1.0 |
| December | 2.3% | -0.4 |
| Average | 2.2% |
Data source
Data from OECD. Last updated: 13/01/2026.