NationalInstituteOfStatistics

Chile's Economic Activity Achieves Unprecedented Growth Streak

3 months ago

Chile's economy has exhibited a commendable performance as it recorded its longest streak of growth since 2021, signaling a robust recovery. This progression in economic activity, marked by an upward trend in sectors that include services and construction, reflects a positive shift in the nation’s financial landscape, fostering optimism among economists and investors alike.

Chile Faces Surge in Inflation Driven by Rising Electricity Tariffs

7 months ago

In a startling economic development, Chile has seen a notable acceleration in its inflation rates, primarily fueled by a significant jump in electricity tariffs. Recent data indicates that the annual inflation rate climbed to 6.4% in October, marking an increase from the 5.7% recorded in the previous month. This uptick has necessitated a reevaluation of economic forecasts and policy adjustments as the government grapples with rising costs and their implications for the consumer market.