Industrial production in Chile rose by 0.8 percent year-on-year in March of 2022, reversing an upwardly revised 3.2 percent decline in the prior month. Production increased for manufacturing (3.3 percent vs -2.7 percent in February), in particular food products (5 percent) and electricity, gas, and water (1.4 percent vs 4 percent). On the other hand, output continued to fall for mining, albeit at a softer pace (-2.2 percent vs -5.9 percent), on account of metals, especially copper (-6 percent vs -7.2 percent). On a monthly basis, industrial production surged 3 percent, after an upwardly revised 0.8 percent decrease in the previous month. source: National Institute of Statistics, Chile
Industrial Production in Chile averaged 1.69 percent from 1997 until 2022, 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 May of 2022.
Industrial Production in Chile is expected to be -1.90 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 1.40 percent in 2023, according to our econometric models.