Chile Inflation Rate


Chile’s consumer prices increased 2.7 percent year-on-year in February of 2017, following a 2.8 percent rise in the previous month. Prices increased at a slower pace for housing and utilities (3.5 percent vs 4.5 percent in January), miscellaneous goods and services (4.1 percent vs 4.2 percent), furniture and household equipment (1.8 percent vs 2 percent) and restaurants and hotels (5.1 percent vs 5.5 percent). Also, the inflation rate was steady for education (4.9 percent). Meantime, cost went up faster for food and non-alcoholic beverages (3.5 percent vs 2.5 percent), transport (2.1 percent vs 1.2 percent) and health (4.9 percent vs 4.7 percent). Annual core inflation eased to 2.3 percent, the lowest since December of 2013. On a monthly basis, consumer prices went up 0.2 percent and core consumer prices rose 0.2 percent. Inflation Rate in Chile averaged 42.58 percent from 1951 until 2017, reaching an all time high of 746.30 percent in April of 1974 and a record low of -3.40 percent in November of 2009.


Chile Inflation Rate

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In Chile, the main components of the consumer price index are: Food and Non-Alcoholic Beverages (19 percent of the total weight); Transportation (14.5 percent) and Housing, Water, Electricity and Other Fuels (13.8 percent). Education account for 8 percent; Miscellaneous Goods and Services for 7.2 percent and Furniture and Household Equipment and Conservation for 7 percent. Others include: Leisure and Culture (6.7 percent); Health (6.4 percent); Communications (5 percent); Clothing and Footwear (4.5 percent); Restaurants and Hotels (4.4 percent) and Alcoholic Beverages, Narcotics and Tobacco (3.3 percent). The national index has a base of 100 as of 2013. The CPI reflects the prices and spending patterns registered in the regional capitals and suburban areas of the fifteen regions of the country. This page provides – Chile Inflation Rate – actual values, historical data, forecast, chart, statistics, economic calendar and news. Chile Inflation Rate – actual data, historical chart and calendar of releases – was last updated on March of 2017.