FX.co ★ Chile Producer Inflation Slows to 16-Month Low in May

In May 2025, Chile experienced a 1.6% year-over-year increase in producer prices, marking the lowest rate since January 2024. This continues a four-month trend of decelerating producer inflation, following a 1.9% rise in April. The primary driver behind this increase was the utilities sector, where prices climbed 30.4%, although this was a slight deceleration from April’s 32.6% surge. Manufacturing inflation witnessed a pickup, increasing to 1.1% from 0.3%. Conversely, the mining sector exerted downward pressure on overall inflation, recording a 3.2% annual decline, following a 2.7% decrease in April.