Inflation Chile 2018
Average inflation: 2.4%
Current Inflation
Inflation is normal at 2.4%, around the ECB target.
Peak and Trough
The highest inflation was in September at 3.1%. The lowest inflation was in March at 1.8%.
- Highest month
- September: 3.1%
- Lowest month
- March: 1.8%
- Difference
- 1.3 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Housing, water, electricity, gas and other fuels with an average of 4.1%. The lowest price increase was in Clothing and footwear with an average of -5.4%.
- Highest increase
- Housing, water, electricity, gas and other fuels: 4.1%
- Lowest increase
- Clothing and footwear: -5.4%
Historical Context
Current inflation is 1.1% lower than the 5-year average of 3.5%.
- 5-year average
- 3.5%
- 10-year average
- 2.7%
- All-time high (2008)
- 8.7%
- All-time low (2009)
- 0.4%
Trend
Inflation shows a downward trend. Compared to 2017, inflation has fallen by +0.2 percentage point.
- Change vs. previous year
- +0.2 percentage points
- Largest monthly swing
- September: +1.7 percentage points
ECB Target
Inflation is 0.4% 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 €102.40 next year at this inflation rate.
Multi-year trend
Monthly figures 2018
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2017 |
|---|---|---|
| January | 2.2% | -0.6 |
| February | 2.0% | -0.7 |
| March | 1.8% | -0.9 |
| April | 1.9% | -0.8 |
| May | 2.0% | -0.6 |
| June | 2.5% | +0.8 |
| July | 2.7% | +1.0 |
| August | 2.6% | +0.8 |
| September | 3.1% | +1.7 |
| October | 2.9% | +1.0 |
| November | 2.8% | +0.9 |
| December | 2.6% | +0.3 |
| Average | 2.4% |
Data source
Data from OECD. Last updated: 11/01/2026.