Producer prices in Chile jumped 12.8 percent over a year earlier in October 2020, following a 11.3 percent rise in the previous month. It was the highest producer inflation rate since October 2017, boosted by cost of mining (23.3 percent vs 20 percent in September), namely copper extraction (27.6 percent vs 25.8 percent); and manufacturing (5.2 percent vs 3.9 percent). On the other hand, prices of utilities prices declined (-3.9 percent vs 0.2 percent). On a monthly basis, producer prices went up 1.7 percent, after increasing 0.9 percent in the prior month. source: National Institute of Statistics, Chile
Producer Prices Change in Chile averaged 1.75 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 November 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.