Producer prices in Chile fell by 4.3% from a year earlier in April of 2023, after a 1.9% decrease in the prior month. It marks the third straight month of producer deflation and the most pronounced since December 2015, due to another plunge in prices of mining activities (-11.1% vs -8.8% in March), notably copper extraction and processing (-14.6% vs -12.6%). On the other hand, costs increased for electricity, gas and water distribution (+12.7% vs +5.4%) and manufacturing (+3.6% vs +8.8%). On a monthly basis, producer prices fell by 0.4% in April, after a 0.7% increase in the prior month. source: National Institute of Statistics, Chile
Producer Prices Change in Chile averaged 3.09 percent from 1991 until 2023, 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 June of 2023.
Producer Prices Change in Chile is expected to be -5.30 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Chile Producer Prices Change is projected to trend around 3.00 percent in 2024 and 4.00 percent in 2025, according to our econometric models.