In July, economic activity expanded 5.3% over the same month a year ago, according to the monthly indicator for economic activity (IMACEC). The reading represented a deceleration compared to the 6.1% expansion observed in June, partially due to the fact that July had one less working day, but was virtually in line with market expectations of a 5.4% increase. According to the Central Bank, the monthly print was driven by growth in commerce and services as well as in electricity production. On a monthly basis, economic activity increased a seasonally adjusted 0.40% in July, which was a notch above the 0.29% expansion observed in June. Annual average growth in economic activity inched up from 4.8% in June to 4.9% in July.
Chile Economic Activity
Economic activity remains strong
September 10, 2012
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Chile Economic News
October 12, 2016
In September, the Adimark GfK consumer confidence index (IPEC, Índice de Percepción de la Economía) rose slightly, inching up from August’s record-low of 31.5 points to 33.4 points.
October 7, 2016
In September, consumer prices rose 0.2% over the previous month, which came in above August’s flat reading.
October 6, 2016
In Q3, the mood among Chilean businesses improved and reached the highest level in a year.
October 5, 2016
For a third consecutive month, the mood among Chilean businesses improved in September after it had fallen to the lowest level in over seven years in June.
October 5, 2016
In August, economic activity rose 2.5% over the same month last year, according to the monthly indicator for economic activity (IMACEC).