Chile’s IMACEC economic activity index grew 18.1 percent year-on-year in July of 2021, mainly due to low base effects and as the economy gradually recovers from the Covid-19 shock. Positive contributions to growth came from trade (43.5 percent vs 45 percent in June); services (15.6 percent vs 18 percent) and the goods-producing industries (10.6 percent vs 14.5 percent). Meanwhile, mining activity shrank (-1.9 percent vs 1.7 percent). On a seasonally adjusted monthly basis, economic activity in Chile rose 1.4 percent. source: Central Bank of Chile
Leading Economic Index in Chile averaged 2.54 percent from 2009 until 2021, reaching an all time high of 20.61 percent in June of 2021 and a record low of -15.31 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 September of 2021.
Leading Economic Index in Chile is expected to be 6.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. 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.