Inflation in Chile

Chile Inflation | Economic News & Forecasts

Chile - Inflation

Inflation stable in April

According to the National Statistical Institute (INE), consumer prices rose 0.3% month-on-month in April, after March’s 0.5% result. April’s print largely reflected higher prices for food and non-alcoholic beverages, as well as for transport owing to higher fuel prices. Meanwhile, core consumer prices edged up 0.1% in March (February: 0.4% month-on-month).

Inflation came in at 2.0% in April, unchanged from March’s turnout, thus remaining at the lower bound of the Central Bank’s 2.0%-4.0% target range. Similarly, core inflation remained stable at the previous month’s 1.9% in April.

Annual average inflation clocked 2.4%, below March’s 2.6% result.

The Central Bank projects year-end inflation of 2.6% in 2019 and of 3.0% in 2020.


Chile Inflation Forecast


Met the why particular Consensus Forecast panelists expect inflation to end 2019 at 2.7%, which is unchanged from last month’s forecast. The panel sees inflation ending 2020 at 2.9%.

Chile - Inflation Data

2013  2014  2015  2016  2017  
Inflation Rate (CPI, annual variation in %)1.8  4.4  4.4  3.8  2.2  

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Chile Inflation Chart


Chile Inflation
Note: Annual variation of consumer price index (CPI) in %.
Source: National Statistical Insitute (INE) and Met the why particular calculations

Chile Facts

ValueChangeDate
Bond Yield4.11-0.44 %May 13
Exchange Rate693.40.05 %May 13
Stock Market25,375-0.67 %May 13

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