Chile's IMACEC economic activity index fell 1.0% year-on-year in August 2026, following a 1.5% drop in July, marking the second consecutive month of contraction. Goods production declined 4.9%, dragged down by a 17.4% plunge in mining, particularly copper, amid lower ore grades, maintenance work and adverse weather. In contrast, other goods rose 4.9%, supported by higher electricity generation due to greater water availability, while manufacturing edged up 0.3%, as higher output of chemical and fishery products offset a drop in pulp and paper production. Trade activity rose 2.2%, driven by automotive and retail sales, while wholesale trade was flat. Services increased 0.8%, led by personal services, especially health, although restaurant and hotel activity declined. The non-mining IMACEC rose 1.4%. On a seasonally adjusted monthly basis, economic activity decreased 0.7%, following a downwardly revised 1.8% fall in July. source: Central Bank of Chile

Leading Economic Index Chile decreased 1 percent in August of 2026 over the same month in the previous year. Leading Economic Index in Chile averaged 3.37 percent from 1997 until 2026, reaching an all time high of 20.40 percent in June of 2021 and a record low of -15.90 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 October of 2026.

Leading Economic Index Chile decreased 1 percent in August of 2026 over the same month in the previous year. Leading Economic Index 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 Leading Economic Index is projected to trend around 2.80 percent in 2027 and 3.20 percent in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-09-01 12:30 PM
IMACEC Economic Activity YoY
Jul -1.5% 2.0% 0.4% 1.8%
2026-10-01 11:30 AM
IMACEC Economic Activity YoY
Aug -1% -1.5% -0.4%
2026-11-02 11:30 AM
IMACEC Economic Activity YoY
Sep -1% 2.1%


Related Last Previous Unit Reference
Business Confidence 49.36 48.21 points Sep 2026
Changes in Inventories -588.02 169.77 CLP Billion Jun 2026
Copper Production YoY 369.50 403.42 Thousands of Tonnes Aug 2026
Corruption Index 63.00 63.00 Points Dec 2025
Corruption Rank 31.00 32.00 Dec 2025
Industrial Production YoY -5.70 -5.10 percent Aug 2026
Industrial Production Mom -2.20 -3.80 percent Aug 2026
IMACEC Economic Activity YoY -1.00 -1.50 percent Aug 2026
Manufacturing Production YoY -2.60 -5.00 percent Aug 2026
Mining Production -11.70 -7.20 percent Aug 2026
Total Vehicle Sales 27896.00 24722.00 Units Aug 2026


Chile Leading Economic Index
In Chile, the Monthly Economic Activity Indicator – IMACEC – is an index that summarizes the activity of the different economic sectors in a given month, anticipating the future movements in GDP. The calculation is based on multiple IMACEC supply indicators, as well as estimates in the absence of direct monthly information which are weighted by share of economic activities in GDP in the previous year. The economic activities include: agriculture and forestry, fishing, mining, manufacturing, electricity, gas, water, construction, commerce, restaurants and hotels, transport, communications, financial intermediation, business services, housing services, education, health, other services, public administration. The index has a base value of 100 as of 2008.
Actual Previous Highest Lowest Dates Unit Frequency
-1.00 -1.50 20.40 -15.90 1997 - 2026 percent Monthly
NSA, 2013=100

News Stream
Chile Economic Activity Falls for Second Month
Chile's IMACEC economic activity index fell 1.0% year-on-year in August 2026, following a 1.5% drop in July, marking the second consecutive month of contraction. Goods production declined 4.9%, dragged down by a 17.4% plunge in mining, particularly copper, amid lower ore grades, maintenance work and adverse weather. In contrast, other goods rose 4.9%, supported by higher electricity generation due to greater water availability, while manufacturing edged up 0.3%, as higher output of chemical and fishery products offset a drop in pulp and paper production. Trade activity rose 2.2%, driven by automotive and retail sales, while wholesale trade was flat. Services increased 0.8%, led by personal services, especially health, although restaurant and hotel activity declined. The non-mining IMACEC rose 1.4%. On a seasonally adjusted monthly basis, economic activity decreased 0.7%, following a downwardly revised 1.8% fall in July.
2026-10-01
Chile IMACEC Declines More Than Expected
Chile’s IMACEC economic activity index fell 1.5% year-on-year in July 2026 after rising a downwardly revised 2% in June, missing forecasts for a 0.4% increase and marking the sharpest decline since March 2026. Goods production fell 3.2%, driven by a 9.3% decline in mining, particularly copper, due to lower ore grades, maintenance work and adverse weather. Manufacturing output fell 3.1%, also affected by weather, with lower production of fuels and chemical products. Services declined 0.7%, reflecting weaker personal, business, transportation, restaurant and hotel services. Trade activity rose 0.7%, driven by retail sales, partly offset by lower wholesale activity. The non-mining IMACEC fell 0.3%. On a seasonally adjusted monthly basis, economic activity decreased 1.7%.
2026-09-01
Chile Economic Activity Rebounds in June
Chile's IMACEC economic activity index rose 2.4% year-on-year in June 2026, rebounding from a 0.9% decline in May and marking its strongest annual growth since September 2025. Goods-producing activity increased 3.9%, supported by a 9.8% rise in mining and quarrying, particularly copper production, although gains were partly offset by a 0.7% contraction in manufacturing. Trade expanded 5.4%, with all segments posting positive results, led by wholesale trade amid stronger sales of machinery and equipment. Services activity also increased by 1.0%, driven by gains in personal and business services. On a seasonally adjusted monthly basis, economic activity expanded 0.6%, rebounding from a 0.2% decline in the previous month.
2026-08-03