Industrial production in Chile rose 4.2 percent year-on-year in August of 2021, easing from 4.8 percent in the previous month. The slowdown was led by a reduction in mining activity (-2.9 percent vs -2 percent in July), dragged down by non-metallic mining (2 percent vs 31 percent in July). Further, production rose less for electricity, gas, and water (8.1 percent vs 8.7 percent), driven by slower electricity generation (8.3 percent vs 9.6 percent), and manufacturing (10.6 percent vs 10.9 percent). On a monthly basis, industrial production dropped 1.5 percent, following a downwardly revised 0.8 percent decrease in the previous month. source: National Institute of Statistics, Chile

Industrial Production in Chile averaged 1.72 percent from 1997 until 2021, reaching an all time high of 14.05 percent in May of 2000 and a record low of -11.50 percent in February of 2009. This page provides - Chile Industrial Production - actual values, historical data, forecast, chart, statistics, economic calendar and news. Chile Industrial Production - data, historical chart, forecasts and calendar of releases - was last updated on October of 2021.

Industrial Production in Chile is expected to be 2.30 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Chile Industrial Production is projected to trend around 3.00 percent in 2022 and 3.20 percent in 2023, according to our econometric models.

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Chile Industrial Production


Calendar GMT Actual Previous Consensus TEForecast
2021-08-31 01:00 PM Jul 4.8% 6% 7%
2021-09-30 12:00 PM Aug 4.2% 4.8% 5%
2021-10-29 12:00 PM Sep 4.2% 3.9%


News Stream
Chile Industrial Production Slows in August
Industrial production in Chile rose 4.2 percent year-on-year in August of 2021, easing from 4.8 percent in the previous month. The slowdown was led by a reduction in mining activity (-2.9 percent vs -2 percent in July), dragged down by non-metallic mining (2 percent vs 31 percent in July). Further, production rose less for electricity, gas, and water (8.1 percent vs 8.7 percent), driven by slower electricity generation (8.3 percent vs 9.6 percent), and manufacturing (10.6 percent vs 10.9 percent). On a monthly basis, industrial production dropped 1.5 percent, following a downwardly revised 0.8 percent decrease in the previous month.
2021-09-30
Chile Industrial Production Slows In July
Industrial production in Chile rose 4.8 percent year-on-year in July of 2021, slowing from a revised 6.1 percent surge in the previous month. Still, it was the fifth straight month of growth in industrial activity, mainly boosted by manufacturing (11 percent vs 14.8 percent in June), of which textiles and clothing (216.7 percent); automotive products (166.4 percent); coke and refined oil products (61 percent) and other non-metallic mineral products (60.1 percent). Also, production of electricity, water, and gas grew faster (8.2 percent vs 2.4 percent), namely electricity (9.6 percent) and water (7.1 percent). Conversely, mining activity saw a decline (-2 percent vs -1 percent), led by metallic mining (-3.6 percent). On a monthly basis, industrial production dropped 0.9 percent, after an upwardly revised 2.8 percent rise in the prior month.
2021-08-31
Chile Industrial Output Gains Momentum in June
Industrial production in Chile jumped 6.0 percent year-on-year in June of 2021, following a 3.5 percent rise in the previous month, underpinned by a higher than expected surge in manufacturing output (14.6 percent vs 8.8 percent in May) and, to a lesser extent, utilities production (2.3 percent vs 3.3 percent). Meanwhile, production continued to decline in mining activities (-1.0 percent vs -1.4 percent), dragged by metallic minerals. On a seasonally adjusted monthly basis, industrial production advanced 2.2 percent, rebounding from a 1.6 percent drop in the prior month.
2021-07-30

Chile Last Unit Reference Previous Highest Lowest
Industrial Production 4.20 percent Aug/21 4.80 14.05 -11.50
Industrial Production Mom -0.90 percent Jul/21 2.80 9.50 -7.40
Manufacturing Production 10.60 percent Aug/21 11.00 32.00 -14.20
Copper Production 466.90 Thousands of Tonnes Aug/21 470.30 557.80 356.20
Mining Production -2.00 percent Jul/21 -1.00 36.80 -21.80


Chile Industrial Production
In Chile, industrial production measures the output of businesses integrated in industrial sector of the economy such as manufacturing, mining, and utilities.