The Central Bank of Chile published its Survey of Price Determinants and Expectations (EDEP), which examines firms’ price-setting dynamics and economic expectations, including 12- and 24-month inflation expectations. The latest results indicate that firms’ perception of rising costs persists, while the median inflation expectation at both horizons remains at 4%. Selling prices, sales levels and input availability stayed in neutral territory, and profit margins have maintained a slight upward trend since late 2024. Costs and the USD exchange rate were assessed as exerting less influence than in previous quarters but still contributing to upward price pressures, while sales levels and profit margins were not generating pressure, with slight downward and upward movements respectively. The proportion of firms expecting higher input costs and planning to increase selling prices over the next 12 months was broadly unchanged. The underlying information was collected during April, May and June 2025, and the data are available on the Bank’s website and in its Statistical Database.
Central Bank of Chile 2025-08-05
Central Bank of Chile releases EDEP survey with firms’ 12 and 24 month inflation expectations holding at 4%
The Central Bank of Chile's Survey of Price Determinants and Expectations shows firms' persistent perception of rising costs and stable median inflation expectations at 4% for 12- and 24-month horizons. Selling prices, sales levels, and input availability remained neutral, with profit margins slightly up since late 2024. Costs and the USD exchange rate continue to exert upward price pressures, though less than in previous quarters.