Inflation Chile 2020
Average inflation: 3.0%
Current Inflation
Inflation is high at 3.0%, well above the ECB target.
Peak and Trough
The highest inflation was in February at 3.9%. The lowest inflation was in August at 2.4%.
- Highest month
- February: 3.9%
- Lowest month
- August: 2.4%
- Difference
- 1.5 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Food and non-alcoholic beverages with an average of 6.7%. The lowest price increase was in Communication with an average of -2.7%.
- Highest increase
- Food and non-alcoholic beverages: 6.7%
- Lowest increase
- Communication: -2.7%
Historical Context
Current inflation is around the 5-year average of 2.8%.
- 5-year average
- 2.8%
- 10-year average
- 3.1%
- All-time high (2008)
- 8.7%
- All-time low (2009)
- 0.4%
Trend
Inflation has remained relatively stable. Compared to 2019, the difference is minimal (+0.4 percentage point).
- Change vs. previous year
- +0.4 percentage points
- Largest monthly swing
- February: +1.7 percentage points
ECB Target
Inflation is 1.0% 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 €103.00 next year at this inflation rate.
Multi-year trend
Monthly figures 2020
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2019 |
|---|---|---|
| January | 3.5% | +1.3 |
| February | 3.9% | +1.7 |
| March | 3.7% | +1.2 |
| April | 3.4% | +1.0 |
| May | 2.8% | 0.0 |
| June | 2.6% | -0.1 |
| July | 2.5% | -0.1 |
| August | 2.4% | -0.2 |
| September | 3.1% | +0.9 |
| October | 2.9% | +0.2 |
| November | 2.7% | -0.1 |
| December | 3.0% | 0.0 |
| Average | 3.0% |
Data source
Data from OECD. Last updated: 13/01/2026.