Chile’s IMACEC economic activity index soared by 6.4 percent over a year in March of 2021, following a 2.2 percent fall in the previous month. This was the steepest pace of economic growth since April of 2018, as output expanded across all sectors. Production has significantly rebounded in services (5.1 percent vs -5.2 percent in February) and in industry (2.3 percent vs -2.8 percent), with every branch of the latter improving positively: manufacturing (7.7 percent vs 1.8 percent), mining (1.7 percent vs -4.9 percent) and other goods (1.3 percent vs -1.9 percent). At last, there was also a high acceleration in trade activity (20.0 percent vs 8.0 percent). On a seasonally adjusted monthly basis, economic activity in Chile declined by 1.6 percent, after a downwardly revised 0.8 percent rise in the previous month. source: Central Bank of Chile
Leading Economic Index in Chile averaged 2.14 percent from 2009 until 2021, reaching an all time high of 12.60 percent in March of 2011 and a record low of -15.30 percent in May of 2020. This page provides the latest reported value for - Chile Leading Economic Index - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Chile Leading Economic Index - data, historical chart, forecasts and calendar of releases - was last updated on May of 2021.
Leading Economic Index in Chile is expected to be 3.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Leading Economic Index in Chile to stand at 3.20 in 12 months time. In the long-term, the Chile Leading Economic Index is projected to trend around 3.70 percent in 2022 and 3.20 percent in 2023, according to our econometric models.