Inflation Chile 2019
Average inflation: 2.6%
Current Inflation
Inflation is normal at 2.6%, around the ECB target.
Peak and Trough
The highest inflation was in December at 3.0%. The lowest inflation was in January at 2.2%.
- Highest month
- December: 3.0%
- Lowest month
- January: 2.2%
- Difference
- 0.8 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Recreation and culture with an average of 5.7%. The lowest price increase was in Clothing and footwear with an average of -1.9%.
- Highest increase
- Recreation and culture: 5.7%
- Lowest increase
- Clothing and footwear: -1.9%
Historical Context
Current inflation is around the 5-year average of 3.1%.
- 5-year average
- 3.1%
- 10-year average
- 3%
- All-time high (2008)
- 8.7%
- All-time low (2009)
- 0.4%
Trend
Inflation has remained relatively stable. Compared to 2018, the difference is minimal (+0.2 percentage point).
- Change vs. previous year
- +0.2 percentage points
- Largest monthly swing
- September: -0.9 percentage points
ECB Target
Inflation is 0.6% 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 €102.60 next year at this inflation rate.
Multi-year trend
Monthly figures 2019
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2018 |
|---|---|---|
| January | 2.2% | 0.0 |
| February | 2.2% | +0.2 |
| March | 2.5% | +0.7 |
| April | 2.4% | +0.5 |
| May | 2.8% | +0.8 |
| June | 2.7% | +0.2 |
| July | 2.6% | -0.1 |
| August | 2.6% | 0.0 |
| September | 2.2% | -0.9 |
| October | 2.7% | -0.2 |
| November | 2.8% | 0.0 |
| December | 3.0% | +0.4 |
| Average | 2.6% |
Data source
Data from OECD. Last updated: 13/01/2026.