The Central Bank of Chile published its Survey of Price Determinants and Expectations (EDEP), which examines firms’ price-setting behaviour and economic expectations, including 12- and 24-month inflation expectations. The survey shows a slight continued easing in perceived cost pressures, while the median inflation expectation for both horizons remains at 4%. Cost increases are perceived to be rising less, and selling prices, sales levels and input availability remain in neutral territory. Profit margins have continued an upward trend since late 2024. On drivers of selling prices, sales levels and profit margins are not generating pressure, while other factors still point to upward price pressures, alongside a notably reduced influence from the exchange rate. Expectations also softened slightly, with fewer firms anticipating higher input costs and fewer expecting to raise selling prices over the next 12 months. The release reflects data collected in March, April and May 2025, with the datasets available on the Central Bank of Chile’s website and its Statistical Database.
Central Bank of Chile 2025-07-03
Central Bank of Chile publishes EDEP survey showing firms’ 12- and 24-month inflation expectations steady at 4%
The Central Bank of Chile's Survey of Price Determinants and Expectations shows slight easing in cost pressures and stable inflation expectations at 4% for 12- and 24-month horizons. Profit margins have risen since late 2024, while sales levels and input availability remain neutral. The survey indicates reduced exchange rate influence and fewer firms expecting higher input costs or selling prices next year.