2022 food crises

Chile

The 2022 food crises added to the mounting inflation in Chile since 2020. Measured by the change in the Índice de Precios al Consumidor, the (IPC) in March 2022 relative to March 2021 indicated an inflation rate of 1.9%, the highest known since October 1993. Bread and meat prices increased as well as those of food in general. Cooking oil prices rose, with a particular brand at a Santiago supermarket experiencing a 90% price increase from April 2021 to April 2022.