Chile's industrial production decreased 2.6 percent year-on-year in June 2020, following a 5.7 percent fall in the previous month. It was the third consecutive decline in industrial output amid the coronavirus crisis. Manufacturing production shrank 8.3 percent, after a 13.3 percent drop in May; and utilities output fell 0.8 percent, following a 3.2 percent decrease. Meanwhile, mining production grew 2.9 percent, faster than a 2.1 percent rise in the prior month. On a monthly basis, industrial production went up down 0.4 percent, after increasing 0.1 percent in May.

Industrial Production in Chile averaged 1.75 percent from 1997 until 2020, 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 August of 2020. source: National Institute of Statistics, Chile

Industrial Production in Chile is expected to be 0.30 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 1.70 in 12 months time. In the long-term, the Chile Industrial Production is projected to trend around 2.70 percent in 2021 and 3.50 percent in 2022, according to our econometric models.

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Chile Industrial Production

Actual Previous Highest Lowest Dates Unit Frequency
-2.60 -5.70 14.05 -11.50 1997 - 2020 percent Monthly
NSA, 2014=100


Calendar GMT Actual Previous Consensus TEForecast
2020-04-30 01:00 PM Mar 0.8% 5.4% -7%
2020-05-29 01:00 PM Apr -3.8% 0.8% -5%
2020-06-30 01:00 PM May -5.7% -3.8% -6%
2020-07-31 01:00 PM Jun -2.6% -5.7% -4%
2020-08-31 01:00 PM Jul
2020-09-30 12:00 PM Aug
2020-10-30 12:00 PM Sep 0.3%
2020-11-30 12:00 PM Oct


News Stream
Chile Industrial Output Drops for 3rd Month
Chile's industrial production decreased 2.6 percent year-on-year in June 2020, following a 5.7 percent fall in the previous month. It was the third consecutive decline in industrial output amid the coronavirus crisis. Manufacturing production shrank 8.3 percent, after a 13.3 percent drop in May; and utilities output fell 0.8 percent, following a 3.2 percent decrease. Meanwhile, mining production grew 2.9 percent, faster than a 2.1 percent rise in the prior month. On a monthly basis, industrial production went up down 0.4 percent, after increasing 0.1 percent in May.
2020-07-31
Chile Industrial Output Falls the Most in Over 3 Years
Chile's industrial production dropped 5.7 percent year-on-year in May 2020, following a 3.8 percent fall in the previous month. It was the biggest decline in industrial output since March 2017, amid the coronavirus crisis. Manufacturing production shrank 13.3 percent, faster than a 5.9 percent drop in April. On the other hand, utilities output fell less (-3.2 percent vs -7.4 percent) while mining activity recovered (2.1 percent vs -0.5 percent). On a monthly basis, industrial production went up 0.1 percent, rebounding from a 3.2 percent drop in the prior month.
2020-06-30
Chile Industrial Output Shrinks the Most in Over a Year
Chile's industrial production slipped 3.8 percent year-on-year in April of 2020, following a 0.8 percent increase in the previous month. It was the steepest decline in industrial activity since February of 2019, amid lockdown measures to contain the spread of the novel coronavirus. Output fell significantly in utilities (-7.4 percent vs -3.8 percent in March) and manufacturing (-5.9 percent vs 0.6 percent). Meantime, mining activity contracted the least (-0.5 percent vs 2.3 percent). On a monthly basis, industrial production fell 3.2 percent, the most since January of 2012, after shrinking 1 percent in the prior month.
2020-05-29
Chile Industrial Output Growth Slows in March
Chile's industrial production increased 0.8 percent year-on-year in March 2020, easing from a downwardly revised 5.4 percent gain in the previous month. Output growth slowed in mining & quarrying (2.3 percent compared to 9.9 percent in February), mostly due to metals (2.3 percent compared to 9.6 percent) and copper extraction & processing (1.4 percent compared to 8.4 percent); and manufacturing (0.6 percent compared to 3.3 percent). Additionally, utilities output dropped 3.9 percent, faster than a 1.2 percent decline in February. On a seasonally adjusted monthly basis, industrial production went down 1 percent, following a 0.2 percent rise in the prior month.
2020-04-30

Chile Industrial Production
In Chile, industrial production measures the output of businesses integrated in industrial sector of the economy such as manufacturing, mining, and utilities.