Wednesday , February 1 2023

Merchants predict the expected negative inflation in December and predictive increases up to 2019


December IPC record may be somewhat negative. This was evidenced by the Central Bank's Financial Operator Survey (EOF) published in September this year, which was at the level of 0.1% last year's inflation expectations.

The country's financial operators are committed to adversely affect consumer prices by 0.1 percent in December. According to the Central Bank, this will leave the inflation level at 2.6% in 2018.

According to the Financial Operator Survey (EOF) published Thursday by the tax authority, consumer prices will increase by 0.1% in January 2019 and the same in February.

Inflation in 2017 amounted to 2.3%.

In the next 12 months, the average annual inflation rate for the last 12 months is estimated to be 2.6% and 2.9%.

In this context, the Central Bank believes that the Monetary Policy Rate (MPR) in January will increase by 25 basis points, the annual nominal annual rate of 3.00% and 3.25% in the same proportion. In June 2019.

As for the exchange rate, it is estimated that in the next 7 days the dollar will average 685 pesos and 680 pesos on the average in the next 6 months.

The survey is conducted on a two-week basis and is directed to those responsible for financial decisions of the bank, pension fund managers, insurance companies, brokers, securities agents, mutual funds and foreign entities active. Chile.

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