Latam Daily | Chilean trade balance revealed weakness in both domestic and external demand
Published on Tuesday, June 9, 2015
Latam Daily | Chilean trade balance revealed weakness in both domestic and external demand
Summary
Consumer Inflation in Chile rose to 0.2% MoM in May, matching expectations. Meanwhile, the Central Bank of Chile released the figure for the trade balance which reached a surplus of USD982mn last month. This was a much bigger drop than expected and missed consensus, mainly driven by a drop in copper exports (-16.4% YoY) and the recent Custom Office strikes.
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- Colombia
- Latin America
- Mexico
Topics
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- Macroeconomic Analysis
Authors
Cecilia Posadas
BBVA Research - Principal Economist
Enestor Dos Santos
BBVA Research - Principal Economist
Jorge Selaive
Juana Téllez
BBVA Research - Chief Economist
Carlos Serrano
BBVA Research - Chief Economist
Hugo Perea
BBVA Research - Chief Economist
Alejandro Faci