Producer prices in Chile surged 11.3 percent over a year earlier in September of 2020, up from an 11.1 percent jump in the prior month. It remains the highest producer inflation since October of 2017, driven by mining prices (20 percent vs 20.1 percent in August), in particular copper extraction (25.8 percent vs 25.6 percent). In addition, manufacturing cost advanced faster (3.9 percent vs 3.7 percent) and utilities prices rebounded slightly (0.2 percent vs -0.8 percent). On a monthly basis, producer prices were up 0.9 percent, slowing from a 1.7 percent rise in the prior month. source: National Institute of Statistics, Chile
Producer Prices Change in Chile averaged 1.72 percent from 1991 until 2020, reaching an all time high of 38.90 percent in January of 2010 and a record low of -13.21 percent in July of 2012. This page provides - Chile Producer Prices Change - actual values, historical data, forecast, chart, statistics, economic calendar and news. Chile Producer Prices Change - data, historical chart, forecasts and calendar of releases - was last updated on October of 2020.
Producer Prices Change in Chile is expected to be 7.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Producer Prices Change in Chile to stand at 3.70 in 12 months time. In the long-term, the Chile Producer Prices Change is projected to trend around 3.00 percent in 2021 and 4.00 percent in 2022, according to our econometric models.