The Central Bank of Chile published its Determinants and Price Expectations Survey (EDEP), which examines companies’ price-setting dynamics and economic expectations, including 12- and 24-month inflation expectations. Based on information collected in August, September and October 2025, the results indicate broadly stable selling prices in recent months, alongside ongoing upward pressure from costs and the USD exchange rate. Selling prices were reported as largely unchanged around a neutral zone, while perceived cost increases were similar to prior months; sales levels and profit margins showed a slight decline. The survey points to a reduced influence of sales volumes on pricing, with profit margins not generating pressure, while both costs and the dollar price continued to push prices up with similar intensity to the previous rolling quarter. Fewer firms expected increases in input costs, while the share expecting to raise selling prices over the next 12 months rose slightly; median inflation expectations stayed at 4% (12 months) and 3.5% (24 months).
Central Bank of Chile 2025-12-03
Central Bank of Chile publishes pricing survey with firms’ inflation expectations unchanged at 4% for 12 months and 3.5% for 24 months
The Central Bank of Chile's Determinants and Price Expectations Survey highlights stable selling prices amid cost pressures and USD exchange rate impacts. Based on August to October 2025 data, it shows slight declines in sales and profit margins, with median inflation expectations at 4% for 12 months and 3.5% for 24 months. Despite fewer firms anticipating input cost increases, more expect to raise selling prices over the next year.