The Central Bank of Chile published results from its Price Determinants and Expectations Survey (EDEP) for the rolling quarter covering December 2025 and January–February 2026, outlining firms’ price-setting dynamics and inflation expectations. The survey points to broadly unchanged selling prices in recent months, decelerating perceptions of cost increases, and median inflation expectations of 3% at both 12 and 24 months, with the 12-month median declining. Sales levels continued to exert downward pressure on selling prices, while the exchange rate’s influence eased again and fell below the neutral level. Costs still pushed prices upward, but less intensely than in previous rolling quarters; sales volumes edged down slightly and profit margins were unchanged from the prior period. On expectations, the share of firms anticipating higher input costs was unchanged, while the share expecting to raise selling prices over the next 12 months fell slightly. The central bank noted the data were collected before the start of the Middle East war and its impact on oil prices, and that the dataset is available via its website and statistical database.
Central Bank of Chile 2026-04-06
Central Bank of Chile releases price determinants survey showing firms’ inflation expectations at 3% and easing cost pressures
The Central Bank of Chile published results from its Price Determinants and Expectations Survey for the rolling quarter to February 2026, indicating broadly unchanged selling prices, decelerating cost pressures and median inflation expectations of 3% at both 12 and 24 months, with the 12‑month median declining. Sales levels continued to weigh on prices, the exchange rate’s influence fell below neutral, costs pushed prices up less than in previous quarters, and fewer firms expect to raise prices over the next 12 months.