Producer prices in Chile soared 12.2 percent over a year earlier in January of 2021, following a 10.2 percent rise in the previous month. Prices advanced faster for mining & quarrying (23.1 percent vs 18.6 percent in December), namely copper extraction (23.4 percent); and slowed for manufacturing (2.9 percent vs 3.1 percent), with main upward pressure from meat processing and preservation (11.5 percent), construction metal products manufacturing (9.5 percent), and dairy products (5.5 percent). In contrast, the cost of utilities fell further (-3.7 percent vs -2.9 percent). On a monthly basis, producer prices went up 1.1 percent, after increasing 2.7 percent in the previous month. source: National Institute of Statistics, Chile
Producer Prices Change in Chile averaged 1.82 percent from 1991 until 2021, 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 March of 2021.
Producer Prices Change in Chile is expected to be 5.00 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 3.00 in 12 months time. In the long-term, the Chile Producer Prices Change is projected to trend around 3.00 percent in 2022 and 4.00 percent in 2023, according to our econometric models.