Skyline in Chile

Chile Economic Activity January 2021

Chile: Economic activity drops at sharper pace in January

In January, the IMACEC economic activity index fell 3.1% on an annual basis, following a softer 0.4% dip in December.

January’s drop reflected a 3.1% downturn in the non-mining economy (December: +0.6% yoy) as well as a 1.5% fall in the mining economy (December: -9.2% yoy). The decline in the non-mining economy was driven by contractions in activity in the services, industry and mining sectors only partially offset by an expansion in the trade sector.

In month-on-month seasonally-adjusted terms, economic activity expanded 1.3% in January (December: +3.6% month-on-month seasonally-adjusted).

Free sample report

Access essential information in the shortest time possible. FocusEconomics provide hundreds of consensus forecast reports from the most reputable economic research authorities in the world.
Close Left Media Arrows Left Media Circles Right Media Arrows Right Media Circles Arrow Quote Wave Address Email Telephone Man in front of screen with line chart Document with bar chart and magnifying glass Application window with bar chart Target with arrow Line Chart Stopwatch Globe with arrows Document with bar chart in front of screen Bar chart with magnifying glass and dollar sign Lightbulb Document with bookmark Laptop with download icon Calendar Icon Nav Menu Arrow Arrow Right Long Icon Arrow Right Icon Chevron Right Icon Chevron Left Icon Briefcase Icon Linkedin In Icon Full Linkedin Icon Filter Facebook Linkedin Twitter Pinterest