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23.01.202614:14:59UTC+00Chile Producer Inflation Highest Since 2024

Producer prices in Chile surged by 12.8% on an annual basis in December 2025, marking the most significant rise since July 2024 and up from an 8.9% increase in November. The growth in prices was most pronounced in the mining sector, which saw a dramatic rise of 22.8% compared to 14.6% previously. The utilities sector also experienced an uptick, with prices climbing 11.5% from 11.1%. Conversely, manufacturing costs continued their downward trajectory, declining by 0.8% following a 0.1% drop earlier. Month-on-month, producer prices rose by 3.8%, largely fueled by the mining industry, which reported a 6.9% increase after previously contracting by 1.3%. This was notably driven by a 7% surge in copper prices. Manufacturing prices also reversed their decline, inching up by 0.1% compared to a previous fall of 0.7%, bolstered by a 4.6% increase in the manufacture of other fabricated metal products, a significant recovery from a 2.3% decrease. Meanwhile, inflation in the utilities sector eased to 0.6% from 1%, driven mainly by a slowdown in the prices for water collection, treatment, and distribution, which saw a reduction to 1.5% from 4.7%.

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