IMACEC

Chile's Economic Activity Rebounds: First Monthly Growth Since July

21 days ago

In a timely development for the nation's economy, Chile has recorded its first increase in economic activity since July, as highlighted by data released on December 2, 2024. This positive shift comes amid a backdrop of challenges that the region has been facing, including inflationary pressures and a slowing growth rate.

Chile's Economic Activity Faces Unexpected Decline for Second Consecutive Month

2 months ago

In a surprising turn of events, Chile's economy has exhibited signs of contraction for the second consecutive month, raising concerns among economists and investors alike. The latest data released by Chile's National Statistics Institute (INE) reveals that economic activity, measured by the Monthly Index of Economic Activity (IMACEC), declined by 0.4% in September compared to the previous month. This follows a similar contraction in August, leading to heightened discussions about the potential implications for the nation's economic outlook.