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.

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Chile Producer Prices Change



Calendar GMT Actual Previous Consensus TEForecast
2023-04-24 01:00 PM Mar -1.9% -1.6% -2.5%
2023-05-24 01:00 PM Apr -4.3% -1.9% -2.3%
2023-06-23 01:00 PM May -4.3%


Related Last Previous Unit Reference
Inflation Rate 9.90 11.10 percent Apr 2023
Consumer Price Index CPI 131.79 131.38 points Apr 2023
Core Inflation Rate 8.70 9.40 percent Apr 2023
Core Consumer Prices 126.09 125.60 points Apr 2023
Food Inflation 14.80 17.40 percent Apr 2023
Producer Prices Change -4.30 -1.90 percent Apr 2023
Producer Prices 177.43 178.16 points Apr 2023
Inflation Rate MoM 0.30 1.10 percent Apr 2023
CPI Transportation 140.17 139.13 points Apr 2023

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.
Actual Previous Highest Lowest Dates Unit Frequency
-4.30 -1.90 38.90 -13.21 1991 - 2023 percent Monthly
2014=100, NSA

News Stream
Chile Producer Prices Fall the Most since 2015
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.
2023-05-24
Chile Producer Deflation Hits 6-Year High
Producer prices in Chile fell by 1.9% from the corresponding period of the previous year in March of 2023, extending the 1.6% drop in February, to mark the sharpest producer deflation since October 2016. Prices fell for mining activities (-8.8%), largely due to costs related to the extraction of copper (-12.6%) and iron ore (-8.5%). On the other hand, prices continued to increase for manufacturing (8.8%) and utilities (5.4%). On a monthly basis, producer prices edged 0.7% higher.
2023-04-24
Chile Producer Prices Fall for 1st Time since 2019
Producer prices in Chile fell 1.6 percent year-on-year in February 2023, the first decline since October 2019. A 9.8 percent decrease in cost of manufacturing more than offset rises in prices of mining (11.2 percent) and utilities (7.2 percent). On a monthly basis, producer prices went down 2.1 percent, after being unchanged in January.
2023-03-24