Chile’s IMACEC economic activity index decreased by 2.2 percent over a year earlier in February of 2021, following a downwardly revised 2.8 percent decline in the prior month, amid the prolonged Covid-19 crisis. The non-mining sector contracted less (-1.6 percent vs -2.8 percent in January), amid a softer decline in services (-5.2 percent vs -5.9 percent). Meantime, growth was recorded in trade (8 percent vs 8.6 percent) and industry (1.8 percent vs -1.7 percent). Conversely, mining activity decreased faster (-4.9 percent vs -1.2 percent). On a seasonally adjusted monthly basis, economic activity in Chile advanced 0.9 percent, the same pace as in the previous month. source: Central Bank of Chile
Leading Economic Index in Chile averaged 2.11 percent from 2009 until 2021, reaching an all time high of 12.60 percent in March of 2011 and a record low of -15.30 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 April of 2021.
Leading Economic Index in Chile is expected to be 3.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Leading Economic Index in Chile to stand at 3.20 in 12 months time. 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.