International Reserves in Chile
Chile - International Reserves
Current account registers a deficit amid increasing imports
In the third quarter, the current account balance recorded a deficit of USD 2.9 billion, a sharp retreat from the revised USD 0.3 billion surplus recorded in the previous quarter (previously reported: USD 0.2 billion). The reading exceeded market expectations of a USD 1.4 billion deficit. The current account deficit stemmed from the income balance deficit of USD 3.9 billion (Q2: USD 4.1 billion). In addition, the trade balance surplus narrowed as exports totalled USD 20.0 billion (Q2 2011: USD 21.1 billion), while imports increased to USD 19.2 billion (Q2 2011: USD 17.4 billion).
Chile - International Reserves Data
|International Reserves (USD)||41.1||40.4||38.6||40.5||39.0|
5 years of economic forecasts for more than 30 economic indicators.
Chile International Reserves Chart
Source: Chile Central Bank and FocusEconomics calculations.
|Bond Yield||2.57||-0.44 %||Sep 04|
|Exchange Rate||722.8||0.05 %||Sep 04|
|Stock Market||24,044||-0.67 %||Sep 04|
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November 18, 2019
Growth clocked in at 3.3% year-on-year in the third quarter, accelerating from the second quarter’s 1.9% increase and marking the fastest expansion so far this year.
November 8, 2019
Consumer prices rose 0.8% in October, after seeing no growth in September.
November 5, 2019
The Adimark GfK consumer confidence index fell to 36.7 points in October, the lowest print since October 2016, from 38.6 points in September, thus falling further below the critical 50-point threshold that separates pessimism from optimism among Chilean consumers.
November 4, 2019
The Chilean peso plunged to a record low against the U.S. dollar at the end of October amid heightened civil unrest.
November 4, 2019
The business confidence index (IMCE), published by ICARE and the Adolfo Ibáñez University, rose in October, coming in at 51.5 points (September: 50.7 points).