Industrial production in Chile fell 5.1 percent year-on-year in July of 2022, following an upwardly revised 1.6 percent decrease in the previous month. It was the biggest decline in industrial activity since May of 2020. Output fell faster for manufacturing (-5.1 percent vs -2.6 percent in June), mining & quarrying (6.5 percent vs -2.1 percent) and production slowed for utilities (0.3 percent vs 4.8 percent). On a seasonally adjusted monthly basis, industrial production dropped 2.1 percent, after being unchanged in June. source: National Institute of Statistics, Chile
Industrial Production in Chile averaged 1.64 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 September of 2022.
Industrial Production in Chile is expected to be -3.50 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 2.00 percent in 2023, according to our econometric models.