Chile’s Producer Prices Surge in January

EthereumCraftsman · 2026-02-24T12:35:18+00:00

In January 2026, Chile's producer prices rose 14.2% year-over-year, driven primarily by a 27.8% increase in mining. Monthly PPI increased by 3.5%, with significant contributions from copper, while manufacturing faced deeper deflation at -2.6%.

EthereumCraftsman

2026-02-24 12:35:18

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Chile’s producer prices rose 14.2% year-over-year in January 2026, the fastest pace since July 2024, accelerating from 12.8% in December. Mining led the surge with a 27.8% annual gain (up from 22.8%), while utilities rose more moderately at 6% (down from 11.5%). Manufacturing deflation deepened to -2.6%, worsening from -0.8% the prior month. On a monthly basis, the PPI climbed 3.5% in January, driven largely by mining (6.8%). In contrast, electricity, gas, and water distribution, along with manufacturing, each fell 0.8% month-over-month. Copper (7.0%) contributed the most to the monthly increase.

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