The Central Bank of Chile published the Survey of Price Determinants and Expectations (EDEP), which examines firms’ price-setting dynamics and economic expectations, including inflation expectations over 12 and 24 months. The results reflect information collected during February, March and April 2025. Firms’ perception of cost increases continued to edge down, while selling prices, sales levels and input availability remained in neutral territory. Profit margins extended the upward trend seen in recent quarters, and firms reported that sales levels were not generating price pressures; margin targets slightly increased their influence on selling prices, while other factors exerted less upward pressure, including a notable reduction in the influence of the US dollar. The share of firms expecting higher input costs and higher selling prices over the next 12 months was unchanged, with the median inflation expectation holding at 4% for 12 months ahead and rising to 4% at the 24-month horizon.
Central Bank of Chile 2025-06-04
Central Bank of Chile releases EDEP survey showing easing cost pressures and firms’ 12-month inflation expectations steady at 4%
The Central Bank of Chile released the Survey of Price Determinants and Expectations, highlighting firms' price-setting dynamics and economic expectations, including stable inflation expectations at 4% over 12 and 24 months. Firms reported neutral sales levels and input availability, with profit margins continuing to rise and reduced influence from the US dollar on selling prices.