The Central Bank of Chile published its Price Determinants and Expectations Survey, which examines firms’ price-setting dynamics and economic expectations, including 12- and 24-month inflation expectations. The survey results show that the median inflation expectation for both horizons remains at 4%. Recent readings indicate that firms’ perception of rising costs has been stable over recent quarters, while selling prices remain in a neutral range. Sales levels show a slight recent decline and profit margins are broadly unchanged from the prior rolling quarter. The influence of both costs and the US dollar exchange rate on selling prices has eased compared with previous quarters, although both continue to exert upward pressure on prices, while sales levels and profit margins are not generating price pressures and have edged down slightly. The data were collected during May, June and July 2025, and are available through the Central Bank’s website and its statistical database.
Central Bank of Chile 2025-09-03
Central Bank of Chile publishes Price Determinants and Expectations Survey with 12- and 24-month inflation expectations steady at 4%
The Central Bank of Chile released its Price Determinants and Expectations Survey, revealing that median inflation expectations for 12- and 24-month horizons remain at 4%. Firms report stable perceptions of rising costs, neutral selling prices, and slightly declining sales levels, with profit margins unchanged. The influence of costs and the US dollar exchange rate on prices has lessened but continues to exert upward pressure.