FX.co ★ Chile Inflation Stays Near One-Year High

Chile’s annual inflation rate stood at 3.9% in May 2026, virtually unchanged from 4.0% in April. The main upward pressures on prices continued to come from transport (10.1%), followed by restaurants and lodging (6.5%), education (5.9%), healthcare (5.6%), and housing and utilities (4.2%). In contrast, prices fell in clothing and footwear (-4.9%), as well as in insurance and financial services (-4.4%). On a monthly basis, consumer prices increased by 0.2%, a sharp deceleration from the 1.3% rise recorded in April. Over the first five months of the year, inflation accumulated to 2.8%, indicating that overall price growth remained moderate despite persistent cost pressures in transportation and service-related sectors.