Chile’s IMACEC economic activity index rose 3.2 percent year-on-year in July, following an upwardly revised 1.5 percent increase in the previous month. The latest reading pointed to the strongest growth in economic activity since last November, as non-mining output advanced the most in 9 months (3.4 percent vs 1.6 percent in June), boosted by manufacturing, services and internal trade. Also, the mining sector gained some steam (1.1 percent vs 0.6 percent). On a seasonally adjusted monthly basis, economic activity went up 0.2 percent, the same pace as in the preceding month. Leading Economic Index in Chile averaged 3.02 percent from 2009 until 2019, reaching an all time high of 12.60 percent in March of 2011 and a record low of -4.40 percent in February of 2009.

Leading Economic Index in Chile is expected to be 3.20 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 3.00 in 12 months time. In the long-term, the Chile Leading Economic Index is projected to trend around 3.20 percent in 2020, according to our econometric models.

Chile Leading Economic Index
width
height
Forecast Data Chart
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.


Calendar GMT Actual Previous Consensus TEForecast
2019-06-05 12:30 PM IMACEC Economic Activity YoY Apr 2.1% 1.9% 2.1% 2.3%
2019-07-05 12:30 PM IMACEC Economic Activity YoY May 2.3% 2.1% 2.3% 2.4%
2019-08-05 12:30 PM IMACEC Economic Activity YoY Jun 1.3% 2.3% 2.4%
2019-09-05 12:30 PM IMACEC Economic Activity YoY Jul 3.2% 1.5% 3.2% 2.9%
2019-10-01 11:30 AM IMACEC Economic Activity YoY Aug 3.2% 3%
2019-11-04 11:40 AM IMACEC Economic Activity YoY Sep 3.2%
2019-12-02 11:30 AM IMACEC Economic Activity YoY Oct 3%


Chile Business Last Previous Highest Lowest Unit
Business Confidence 51.02 50.36 64.43 37.24 Index Points [+]
Industrial Production 2.60 -2.90 14.05 -11.50 percent [+]
Industrial Production Mom -1.10 0.20 10.50 -8.10 percent [+]
Manufacturing Production 5.70 -5.30 32.00 -14.20 percent [+]
Changes in Inventories 688.53 1745.24 1781.78 -1539.68 CLP Billion [+]
Total Vehicle Sales 28446.00 31204.00 39263.00 21184.00 [+]
Leading Economic Index 3.20 1.50 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 80.00 75.00 157.00 0.00 Thousand Tonnes [+]
Mining Production 0.50 -0.10 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 490.40 474.90 557.80 356.20 Thousands of Tonnes [+]
Corruption Index 67.00 67.00 79.40 60.50 Points [+]
Corruption Rank 27.00 26.00 27.00 14.00 [+]


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. 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 - actual data, historical chart and calendar of releases - was last updated on September of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
3.20 1.50 12.60 -4.40 2009 - 2019 percent Monthly
NSA, 2013=100




Country Last Previous
Argentina -0.80 Jul/19
Australia -0.30 Aug/19
Brazil -0.16 Jul/19
Canada 0.20 Jun/19
Japan 93.60 Jul/19
Mexico -0.90 Jun/19
Russia 1.60 Aug/19
Singapore 108.10 Jun/19
South Africa -0.40 Jun/19
South Korea 114.50 Jul/19
Turkey 3.88 Aug/19
United Kingdom 0.00 Jul/19
United States 128.31 Jul/19


Related

Latest