LatAm Daily | We expect activity in Chile to have increased by less than 1.5% YoY in April
Published on Tuesday, May 31, 2016
LatAm Daily | We expect activity in Chile to have increased by less than 1.5% YoY in April
Summary
Manufacturing output declined by 1.2% YoY in April and mining production showed a contraction of 6.2% driven by a strong decline in copper output (-8.2% YoY), while retail sales surged by 7.9% YoY. As a result of this heterogeneity in aggregate figures, we expect Imacec to increase between 1% and 1.5% YoY in April.
Geographies
- Geography Tags
- Latin America
Topics
- Topic Tags
- Macroeconomic Analysis
Authors
Enestor Dos Santos
BBVA Research - Principal Economist
Lorena Lechuga
Hugo Perea
BBVA Research - Chief Economist
Cecilia Posadas
BBVA Research - Principal Economist
Jorge Selaive
Carlos Serrano
BBVA Research - Chief Economist
Juana Téllez
BBVA Research - Chief Economist