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Chile: Business confidence records worst reading since January in June

Business confidence came in at 43.8 in June, down from May’s 45.3. June’s result marked the weakest sentiment since January. Consequently, the index remained below the 50-point threshold indicating...

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Chile: Inflation rises in June

Inflation came in at 4.2% in June, which was up from May’s 4.1% and above the Central Bank’s 2.0%–4.0% target range. Looking at the details of the release, prices for food and non-alcoholic beverages...

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Chile: Central Bank of Chile leaves rates unchanged in July

At its meeting on 31 July, the Central Bank of Chile decided to maintain the monetary policy interest rate at 5.75%. The move surprised market analysts, who had expected a cut. The Bank’s desire to...

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Chile: Economic activity growth eases to six-month low in June

Economic activity increased 0.1% in year-on-year terms in June, which was a deterioration from May’s 1.1% increase and undershot market expectations. The figure marked the weakest reading since...

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Chile: Business confidence rises in July but remains downbeat

Business confidence came in at 45.3 in July, up from June’s 43.8. As such, the index remained below the 50-point threshold, indicating that businesses were pessimistic. July’s reading was driven by an...

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Chile: Inflation comes in at highest level since November 2023 in July

Inflation came in at 4.6% in July, which was up from June’s 4.2% and moved further above the Central Bank’s 2.0–4.0% target range. July’s reading was the highest inflation rate since November 2023....

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Chile: GDP records sharpest contraction since Q2 2023 in the second quarter

GDP reading: GDP declined 0.6% on a seasonally adjusted quarter on quarter basis in the second quarter, contrasting the 2.1% expansion logged in the first quarter and marking worst result since Q2...

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Chile: Business confidence hits highest reading since March in August

Business confidence rose to 46.1 in August from July’s 45.3. August’s result marked the best performance since March. However, the index remained below the 50-point threshold, indicating sustained...

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Chile: Economic activity rises in annual and monthly terms in July

Economic activity expanded 4.2% year on year in July (June: +0.2% yoy). A pick-up from June was always likely, as economic activity in June was weighed on by temporary factors such as the early winter...

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Chile: Central Bank of Chile decreases rates in September

Latest bank decision: At its meeting on 3 September, the Central Bank of Chile agreed to reduce the monetary policy interest rate by 25 basis points to 5.50%. This takes total monetary easing since...

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Chile: Central Bank of Chile decreases rates in October

Latest bank decision: At its meeting on 17 October, the Central Bank of Chile decided to lower the monetary policy interest rate by 25 basis points to 5.25%, in line with market expectations. This...

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Chile: Economy bounces back in the third quarter

GDP reading: GDP increased 0.7% on a seasonally adjusted quarter on quarter basis in the third quarter, contrasting the 0.6% contraction recorded in the second quarter. The rebound was linked to...

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Chile: Central Bank of Chile decreases rates in December

Latest bank decision: At its meeting on 17 December, the Central Bank of Chile decided to lower the monetary policy interest rate by 25 basis points to 5.00%. This took total monetary easing since...

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Chile Exports (G&S, ann. var. %)

The post Chile Exports (G&S, ann. var. %) appeared first on FocusEconomics.

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Chile Total Consumption (ann. var. %)

The post Chile Total Consumption (ann. var. %) appeared first on FocusEconomics.

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Chile Manufacturing Production (ann. var. %)

The post Chile Manufacturing Production (ann. var. %) appeared first on FocusEconomics.

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Chile Inflation (CPI, ann. var. %, eop)

The post Chile Inflation (CPI, ann. var. %, eop) appeared first on FocusEconomics.

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Chile Merchandise Exports (USD bn)

The post Chile Merchandise Exports (USD bn) appeared first on FocusEconomics.

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Chile Current Account Balance (% of GDP)

The post Chile Current Account Balance (% of GDP) appeared first on FocusEconomics.

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Chile Fiscal Balance (% of GDP)

The post Chile Fiscal Balance (% of GDP) appeared first on FocusEconomics.

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