Industrial production in Chile fell 2.4 percent year-on-year in December of 2020, following an upwardly revised 3.6 percent decrease in the previous month. Manufacturing output fell 4.4 percent largely due a 20.6 percent plunge in the manufacture of chemical substances and products. Mining activity shrank 0.4 percent, as copper production decreased 0.6 percent; and production of electricity, gas and water supply edged down 1.6 percent, following a 0.1 percent drop in the prior month. On a seasonally adjusted monthly basis, industrial activity went up 1.3 percent, after stalling in the previous month. source: National Institute of Statistics, Chile
Industrial Production in Chile averaged 1.68 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 February of 2021.
Industrial Production in Chile is expected to be 0.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Industrial Production in Chile to stand at 2.70 in 12 months time. In the long-term, the Chile Industrial Production is projected to trend around 3.50 percent in 2022, according to our econometric models.