The Central Bank of Chile published its Determinants and Price Expectations Survey (EDEP), which assesses firms’ price-setting dynamics and economic expectations, including 12- and 24-month inflation expectations. Results indicate selling prices have been broadly unchanged in recent months, perceptions of cost increases continue to decelerate, and the median inflation expectation is 3% at both horizons, with the 12-month median lower. The underlying data were collected in December 2025 and January–February 2026, before the start of the Middle East war and its impact on oil prices. Sales volumes were reported as slightly lower while profit margins were unchanged versus the prior rolling quarter; sales levels continued to exert downward pressure on prices, exchange-rate effects fell below neutral, and costs remained an upward driver of prices but with less intensity than in previous quarters. The share of firms expecting higher input costs was unchanged, while the proportion expecting to raise selling prices over the next 12 months edged down.
Central Bank of Chile 2026-04-06
Central Bank of Chile publishes EDEP survey showing stable selling prices and 3% median inflation expectations
The Central Bank of Chile published its Determinants and Price Expectations Survey, showing broadly unchanged selling prices, decelerating perceived cost increases, and median 12- and 24-month inflation expectations at 3%. Based on data collected before the Middle East war and oil price impact, firms reported slightly lower sales volumes, unchanged profit margins, and moderating cost pressures, while the share expecting to raise selling prices over the next 12 months declined.