Industry in Chile

Chile Industry | Economic News & Forecasts

Chile - Industry

Second-quarter growth appears to have sustained the momentum from the exceptional outturn at the beginning of the year. Economic activity rose at an impressive rate throughout the quarter, with average growth comfortably above the levels seen in the past half-decade. Consumer confidence remained in positive territory during the second quarter. Moreover, retail sales rebounded in May and remained elevated in June, pointing to solid household spending in the quarter. Business sentiment, meanwhile, remained upbeat throughout the quarter, suggesting expansionary conditions were sustained amid the improving health of the manufacturing industry. On the other hand, despite remaining sturdy overall, export growth decelerated from the previous quarter in Q2, owing to mounting trade war-related uncertainties and a drop in copper prices in the second half of the quarter. Meanwhile, both consumer and business sentiment inched down in July, signaling a potential cooldown in economic activity at the beginning of Q3.

Chile - Industry Data

2013  2014  2015  2016  2017  
Industrial Production (annual variation in %)-     -     -     -     -     

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Chile Industry Chart


Chile Industry
Note: Annual variation of industrial output in %.
Source: National Statistical Insitute (INE) and FocusEconomics calculations

Chile Facts

ValueChangeDate
Bond Yield4.77-0.44 %Aug 14
Exchange Rate667.70.05 %Aug 15
Stock Market26,646-0.67 %Aug 14

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