Chile’s IMACEC economic activity index grew 19.1 percent year-on-year in August of 2021 from 18.1 percent in July, mainly due to low base effects as the economy recovers from the pandemic. Growth was seen in nearly all sectors, as upward pressure came from services (22.4 percent vs 15.6 percent in July), trade (25.5 percent vs 43.5 percent), goods production (10.9 percent vs 10.6 percent), and industry (14.8 percent vs 13.4 percent), while the decrease in mining activities remained unchanged at -0.2 percent. On a seasonally adjusted monthly basis, economic activity in Chile rose 1.1 percent. source: Central Bank of Chile
Leading Economic Index in Chile averaged 2.65 percent from 2009 until 2021, reaching an all time high of 20.61 percent in June of 2021 and a record low of -15.31 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 2021.
Leading Economic Index in Chile is expected to be 4.50 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 3.70 percent in 2022 and 3.20 percent in 2023, according to our econometric models.