Industry in Chile

Chile Industry | Economic News & Forecasts

Chile - Industry

GDP likely contracted for the first time in almost three years in the fourth quarter of 2019, as country-wide protests hampered the economy. On average, the economic activity index slid in Q4, likely on stifled household and capital spending, as hinted by record-low consumer and business confidence. In addition, sinking merchandise imports in the quarter further suggest that consumption metrics shriveled at year-end. Turning to the first quarter of this year, economic conditions likely firmed up. A de-escalation of social tensions, increased government spending and less gloomy business sentiment in January hint that domestic conditions improved. That said, merchandise exports slipped in January and likely remained subdued in February, as the coronavirus epidemic in China hampers demand for copper and cherries.

Chile - Industry Data

2014   2015   2016   2017   2018  
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

Value Change Date
Bond Yield3.14-0.44 %Dec 30
Exchange Rate752.00.05 %Jan 01

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