Producer prices in Chile increased 0.9 percent year-on-year in May 2020, slowing from a 1.8 percent rise in the previous month. It remains the lowest producer inflation rate since October last year, as cost of manufacturing products eased (0.5 percent compared to 2.9 percent in April). Additionally, prices of utilities dropped 0.2 percent, after rising 11.7 percent in the prior month. In contrast, cost of mining rebounded (1.5 percent compared to -1.4 percent), of which copper extraction (3.1 percent). On a monthly basis, producer prices went down 0.9 percent, after a 0.1 percent fall in the prior month.

Producer Prices Change in Chile averaged 1.64 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 July of 2020. source: National Institute of Statistics, Chile

Producer Prices Change in Chile is expected to be 1.50 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 2.50 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.

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Chile Producer Prices Change

Actual Previous Highest Lowest Dates Unit Frequency
0.90 1.80 38.90 -13.21 1991 - 2020 percent Monthly
2014=100, NSA


Calendar GMT Actual Previous Consensus TEForecast
2020-03-24 12:00 PM Feb 5.3% 7.3% 5%
2020-04-24 01:00 PM Mar 1.8% 5.3% 2.2%
2020-05-22 01:00 PM Apr 1.8% 1.8% 0.5%
2020-06-24 01:00 PM May 0.9% 1.8% 1.1%
2020-07-24 01:00 PM Jun 0.9% 0.7%
2020-08-21 01:00 PM Jul
2020-09-24 12:00 PM Aug
2020-10-23 12:00 PM Sep 1.5%


News Stream
Chile Producer Inflation Eases to 7-Month Low of 0.9% in May
Producer prices in Chile increased 0.9 percent year-on-year in May 2020, slowing from a 1.8 percent rise in the previous month. It remains the lowest producer inflation rate since October last year, as cost of manufacturing products eased (0.5 percent compared to 2.9 percent in April). Additionally, prices of utilities dropped 0.2 percent, after rising 11.7 percent in the prior month. In contrast, cost of mining rebounded (1.5 percent compared to -1.4 percent), of which copper extraction (3.1 percent). On a monthly basis, producer prices went down 0.9 percent, after a 0.1 percent fall in the prior month.
2020-06-24
Chile April Producer Inflation Rate Steady at 1.8%
Producer prices in Chile rose 1.8 percent year-on-year in April 2020, the same pace as in the previous month. It remains the lowest producer inflation rate since October last year, as cost of mining continued to fall (-1.4 percent from -1.3 percent), mineral extraction for fertilizers and chemicals. In addition, inflation was steady for manufacturing products (at 2.9 percent). Meanwhile, cost of utilities went up further (11.7 percent from 11.5 percent). On a monthly basis, producer prices declined 0.1 percent, after dropping 1.3 percent in the prior month.
2020-05-22
Chile Producer Inflation Falls to 5-Month Low
Producer prices in Chile increased 1.8 percent year-on-year in March 2020, easing from a 5.3 percent rise in the previous month. It was the lowest producer inflation rate since October last year, as utilities prices slowed (11.5 percent from 12.7 percent) and cost of mining dropped (-1.3 percent from 6.1 percent), namely lithium. On the other hand, cost of manufacturing products rose further (2.9 percent from 2 percent), in particular meat preparation & conservation. On a monthly basis, producer prices went down 1.3 percent, after declining 1.2 percent in the prior month.
2020-04-24
Chile Producer Inflation Slows to 5.3% in February
Producer prices in Chile rose 5.3 percent year-on-year in February of 2020, following a 7.3 percent climb in the previous month. It was the lowest producer inflation since last November, as prices slowed for mining (6.1 percent vs 11.2 percent in January), namely copper (9.9 percent vs 16.4 percent) and iron (24.6 percent vs 36.1 percent), amid global concerns about the impact of the coronavirus. Also, costs increased at a slower pace for utilities (12.7 percent vs 15.4 percent). Conversely, prices advanced faster for manufacturing (2 percent vs 0.2 percent), of which meat preparation & conservation (19.6 percent) and chemicals (12.1 percent). On a monthly basis, producer prices decreased 1.2 percent, after falling 0.7 percent in the previous month.
2020-03-24

Chile Producer Prices Change
In Chile, the Producer Price Index measures the average change in price of goods and services sold by manufacturers and producers in the wholesale market during a given period.