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.