Chile Hourly Wages in Manufacturing Index - Forecast

Wages in Manufacturing in Chile is expected to be 108.50 Index Points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Wages in Manufacturing in Chile to stand at 109.40 in 12 months time. In the long-term, the Chile Hourly Wages in Manufacturing Index is projected to trend around 112.00 Index Points in 2020, according to our econometric models.


Forecast Data Chart
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Chile Labour Last Q3/18 Q4/18 Q1/19 Q2/19 2020
Unemployment Rate 7.2 6.6 6.7 6.7 6.6 6.5
Employed Persons 8382 8365 8365 8366 8366 8366
Unemployed Persons 645 650 600 605 615 640
Employment Rate 55.6 55.62 55.7 55.7 55.69 55.69
Labor Force Participation Rate 59.9 59.89 59.88 59.89 59.88 59.88
Job Vacancies 21.2 22.87 22.97 22.97 22.97 22.97
Wages 4661 4665 4700 4850 4840 5300
Wages in Manufacturing 108 108 109 109 109 112
Minimum Wages 276000 276000 276000 280000 280000 290000
Population 18.37 18.51 18.51 18.7 18.7 19.1
Retirement Age Women 60 60 60 60 60 60
Retirement Age Men 65 65 65 65 65 65
Wages Low Skilled 375500 378734 378734 374000 374000 383498
Wages High Skilled 1161900 1171346 1171346 1200000 1200000 1191000
Living Wage Family 622100 630000 630000 620000 620000 640000
Living Wage Individual 400300 405000 405000 402500 402500 392393