FX.co ★ Chile Annual Inflation Accelerates

Chile’s annual inflation rate rose to 4.1% in August 2026, up from 3.5% in July. The acceleration was mainly driven by faster price increases in food, where inflation climbed to 4.6% from 4.0%, and in transport, which jumped to 6.8% from 4.6%. Inflation in recreation, sport, and culture also strengthened, rising to 6.4% from 4.4%.

Meanwhile, inflation reached 3.4% for housing and utilities, 6.6% for restaurants and lodging, and 5.9% for education. Deflation in clothing and footwear moderated, with prices falling 4.0%, compared with a 4.8% decline previously. By contrast, the drop in prices for insurance and financial services deepened, with deflation accelerating to 3.6% from 3.4%.

On a monthly basis, consumer prices increased 0.6% in August, following a 0.1% rise in July. Core consumer prices, which exclude food and energy, rose 0.4% over the month, the same rate as in July.