Chile's IMACEC Contracts in February

2026-04-01 11:44 By Isabela Couto 1 min. read

Chile's IMACEC economic activity index contracted 0.3% year-over-year in February 2026, following a 0.5% contraction in January and falling well short of forecasts for a 1.9% expansion.

Goods production declined 3.7% after a 2.2% fall in January, dragged by industry at 3.6% and other goods at 5.4%.

In contrast, the mining sector rose 1.0%, rebounding from a 1.1% contraction.

Services activities expanded 1.6%, accelerating from a 1.1% gain in the prior month.

Trade activity also rose 0.2%, rebounding from a 0.9% decline.

On a monthly basis, the IMACEC fell 6.5%, following a 13.6% plunge in January.



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Chile's IMACEC Contracts in February
Chile's IMACEC economic activity index contracted 0.3% year-over-year in February 2026, following a 0.5% contraction in January and falling well short of forecasts for a 1.9% expansion. Goods production declined 3.7% after a 2.2% fall in January, dragged by industry at 3.6% and other goods at 5.4%. In contrast, the mining sector rose 1.0%, rebounding from a 1.1% contraction. Services activities expanded 1.6%, accelerating from a 1.1% gain in the prior month. Trade activity also rose 0.2%, rebounding from a 0.9% decline. On a monthly basis, the IMACEC fell 6.5%, following a 13.6% plunge in January.
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