Inflation Rate in Chile
Inflation declines to lowest level since March 2022 in April
Inflation came in at 9.9% in April, which was down from March’s 11.1% and marginally below market expectations. April’s figure marked the lowest inflation rate since March 2022. The result was driven by moderating price pressures for food and non-alcoholic beverages, housing and utilities, and transportation.
In addition, the trend pointed down mildly, with annual average inflation coming in at 12.4% in April (March: 12.5%). Meanwhile, core inflation fell to 8.7% in April, from March’s 9.4%.
Finally, consumer prices increased 0.31% over the previous month in April, following the 1.08% increase recorded in March.
Chile Inflation Rate Chart
This chart displays Inflation Rate (CPI, annual variation in %) for Chile from 2013 to 2022.
Chile Inflation Rate Data
2017 | 2018 | 2019 | 2020 | 2021 | |
---|---|---|---|---|---|
Inflation (CPI, ann. var. %, aop) | 2.2 | 2.4 | 2.6 | 3.0 | 4.5 |