The Central Bank of Chile published its Survey of Price Determinants and Expectations (EDEP), which examines firms’ price-setting dynamics and economic expectations, including 12- and 24-month inflation expectations. The results indicate broadly stable pricing and sales conditions around neutral levels, alongside a slight rise in perceived cost increases and a small decline in profit margins. Sales levels and profit margins were not seen as adding pressure to firms’ selling prices, while both costs and the USD exchange rate were reported as exerting upward pressure, with a stronger influence than in previous quarters. The share of firms expecting higher input costs continued to fall, while the share expecting to raise selling prices over the next 12 months was unchanged; median inflation expectations were 4% over 12 months and declined again to 3.5% over 24 months. The release reflects information collected in July, August and September 2025, with data available via the Central Bank’s website and statistical database.
Central Bank of Chile 2025-11-04
Central Bank of Chile publishes EDEP survey showing firms’ 12-month inflation expectations steady at 4% and 24-month median easing to 3.5%
The Central Bank of Chile released its Survey of Price Determinants and Expectations, highlighting stable pricing and sales conditions with slight cost increases and declining profit margins. Costs and the USD exchange rate are exerting more upward pressure on prices than in previous quarters. Median inflation expectations are 4% over 12 months and 3.5% over 24 months.