Producer prices in Chile rose 4.1 percent year-on-year in June 2020, following a 0.9 percent increase in the previous month. Cost of mining went up 8.3 percent, faster than a 1.5 percent gain in May, boosted by copper extraction (12.2 percent compared to 3.1 percent). On the other hand, cost of manufacturing products slowed (0.2 percent compared to 0.5 percent) while prices of utilities were unchanged after dropping 0.2 percent in the prior month. On a monthly basis, producer prices went up 2.2 percent, rebounding from a 0.9 percent fall in May.
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 August 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.