The Central Bank of Chile published the Survey of Price Determinants and Expectations (EDEP), which examines companies’ price-setting dynamics and expectations, including expected inflation 12 and 24 months ahead. The median of firms’ inflation expectations remained at 4% for both horizons, while the share of firms expecting to raise their selling prices over the next 12 months declined. Based on information collected in December 2024, January 2025 and February 2025, the survey shows sales levels, input availability and selling prices in neutral territory, while costs and profit margins continue a slightly upward trend from recent quarters. In terms of factors influencing pricing of firms’ main product or service, sales levels and profit margins are neutral, but other factors continue to push selling prices upward, with similar pressure from costs and input availability; the influence of the US dollar exchange rate remains the most relevant, though it has eased versus previous quarters. The underlying data are available via the Central Bank of Chile’s website and its statistical database.
Central Bank of Chile 2025-04-03
Central Bank of Chile releases EDEP survey with firms’ inflation expectations holding at 4% over 12 and 24 months
The Central Bank of Chile's Survey of Price Determinants and Expectations shows firms' median inflation expectations at 4% for the next 12 and 24 months. The survey indicates neutral sales levels, input availability, and selling prices, with costs and profit margins trending slightly upward. The US dollar exchange rate remains a significant pricing factor, though its influence has lessened compared to previous quarters.