The Central Bank of Chile published its Price Determinants and Expectations Survey (EDEP), which examines firms’ price-setting dynamics and economic expectations, including inflation expectations at 12 and 24 months. The results indicate selling prices have remained broadly unchanged in recent months around a neutral level, while the median inflation expectation was steady at 3.5% over 12 months and declined to 3% over 24 months. Sales levels edged up slightly and profit margins continued to improve in recent rolling quarters. Sales continued to exert downward pressure on prices, though less than in prior rolling quarters, while the exchange rate’s influence fell back to neutral alongside profit margins; costs remained an upward driver of prices but with reduced intensity. On expectations, the share of firms anticipating higher input costs was unchanged and the share expecting to increase selling prices over the next 12 months decreased slightly; the findings are based on information collected in November and December 2025 and January 2026 and are available via the central bank’s publication channels.
Central Bank of Chile 2026-03-04
Central Bank of Chile publishes EDEP survey showing firms’ inflation expectations at 3.5% over 12 months and 3% over 24 months
The Central Bank of Chile's Price Determinants and Expectations Survey shows stable selling prices and a median inflation expectation of 3.5% over 12 months, declining to 3% over 24 months. Sales levels increased slightly, with profit margins improving, while the exchange rate influence and sales pressure on prices returned to neutral. Input costs remained a price driver, though less intensely, and fewer firms expect to raise selling prices next year.