In the second quarter, the current account balance recorded a surplus of USD 13.2 million, which was only a fraction of the revised USD 174 million surplus recorded in the previous quarter (previously reported: USD 722 million). The reading undershot market expectations of a USD 490 million surplus. The shrinking current account surplus mainly reflected a widening income balance deficit. However, a lower trade balance surplus also contributed to the decline in the current account surplus. Exports totalled USD 21.4 billion (Q1 2011: USD 19.9 billion), while imports increased to USD 17.5 billion (Q1 2011: USD 15.7 billion).
Chile Current Account
Current account surplus narrows in the second quarter
August 18, 2011
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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).