Industrial production in Chile rose 2.0 percent year-on-year in October 2018, reversing from a 3.2 percent decline in the prior month. It is the first gain after three consecutive decreases in industrial activity. Output rebounded sharply for manufacturing (9.1 percent vs -5.6 percent in September), mainly due to production of food products (10.5 percent), namely pork meat; and machinery and equipment (44.2 percent) amid stronger external demand for specialized machinery to work in mines and construction works. Also, utilities posted a 0.4 percent gain, compared to a 1.5 percent decrease in the previous month. Meanwhile, the mining sector plunged (-4.3 percent vs -1.3 percent), led by lower production of copper (-3.1 percent vs 1.1 percent). On a seasonally adjusted monthly basis, industrial production went up 0.2 percent, after an upwardly revised 0.9 percent fall in September. Industrial Production in Chile averaged 1.91 percent from 1997 until 2018, 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.

Industrial Production in Chile is expected to be 0.60 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 3.20 in 12 months time. In the long-term, the Chile Industrial Production is projected to trend around 3.40 percent in 2020, according to our econometric models.

Chile Industrial Production
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Calendar GMT Actual Previous Consensus TEForecast
2018-08-30 12:00 PM Industrial Production YoY -1.6% 4.9% 7.4%
2018-09-28 12:00 PM Industrial Production YoY -1.8% -1.6% 4.0%
2018-10-31 12:00 PM Industrial Production YoY -3.2% -1.7% 2.7%
2018-11-30 12:00 PM Industrial Production YoY 2.0% -3.2% -2.6%
2018-12-31 12:00 PM Industrial Production YoY 2.0% 3.2%
2019-01-31 12:00 PM Industrial Production YoY 0.60%
2019-02-28 12:00 PM Industrial Production YoY


Chile Business Last Previous Highest Lowest Unit
Business Confidence 49.01 53.55 64.43 37.24 Index Points [+]
Industrial Production 2.00 -3.20 14.05 -11.50 percent [+]
Industrial Production Mom 0.20 -0.90 10.50 -8.10 percent [+]
Manufacturing Production 9.10 -5.60 32.00 -14.20 percent [+]
Changes in Inventories 441.58 743.86 1699.00 -1516.27 CLP Billion [+]
Total Vehicle Sales 37132.00 39263.00 39263.00 21184.00 [+]
Leading Economic Index 4.20 2.10 12.60 -4.40 percent [+]
Internet Speed 9258.62 8567.16 9258.62 1097.83 KBps [+]
IP Addresses 3793061.00 3843649.00 3924514.00 1174118.00 IP [+]
Steel Production 105.00 90.00 157.00 0.00 Thousand Tonnes [+]
Mining Production -4.30 -1.30 36.80 -21.80 percent [+]
Ease of Doing Business 56.00 55.00 57.00 34.00 [+]
Competitiveness Index 70.26 69.37 70.26 4.58 Points [+]
Competitiveness Rank 33.00 34.00 35.00 26.00 [+]
Copper Production 495.90 484.10 537.70 356.20 Thousands of Tonnes [+]
Corruption Index 67.00 66.00 79.40 60.50 Points [+]
Corruption Rank 26.00 24.00 26.00 14.00 [+]


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. This page provides - Chile Industrial Production - actual values, historical data, forecast, chart, statistics, economic calendar and news. Chile Industrial Production - actual data, historical chart and calendar of releases - was last updated on December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
2.00 -3.20 14.05 -11.50 1997 - 2018 percent Monthly
2014=100




Country Last Previous
Argentina -6.80 Oct/18
Australia 2.80 Sep/18
Brazil 1.10 Oct/18
Canada 2.76 Aug/18
China 5.40 Nov/18
Euro Area 1.20 Oct/18
France -0.70 Oct/18
Germany 1.60 Oct/18
India 8.10 Oct/18
Indonesia 1.50 Sep/18
Italy 1.00 Oct/18
Japan 4.20 Oct/18
Mexico 1.00 Oct/18
Netherlands 0.80 Oct/18
Russia 3.70 Oct/18
Saudi Arabia 5.84 Jun/18
Singapore 4.30 Oct/18
South Africa 3.00 Oct/18
South Korea 10.70 Oct/18
Spain 0.80 Oct/18
Switzerland 1.40 Sep/18
Turkey -5.70 Oct/18
United Kingdom -0.80 Oct/18
United States 3.90 Nov/18


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