Chile's industrial production rose 3.2 percent from a year earlier in December 2019, after declining 1.8 percent on the previous month. It was the largest increase in industrial output since June 2018, as production rebounded for mining & quarrying (2.8 percent from -7.1 percent in November), namely metals (+2.4 percent) and copper extraction & processing (+1.6 percent); and manufacturing (4.2 percent from 3.2 percent), in particular chemicals (+15.3 percent). Meanwhile, utilities output growth remained steady (at 0.2 percent). On a seasonally adjusted monthly basis, industrial output grew 2.6 percent, following an upwardly revised 3.7 percent gain in November. Considering full 2019, industrial production shrank 0.4 percent, compared to a 0.7 percent increase in 2018, amid violent domestic unrest that affected the country since mid-October 2019 after the announcement of a hike in public transport prices.

Industrial Production in Chile averaged 1.79 percent from 1997 until 2019, reaching an all time high of 14.05 percent in May of 2000 and a record low of -11.50 percent in February of 2009. This page provides - Chile Industrial Production - actual values, historical data, forecast, chart, statistics, economic calendar and news. source: National Institute of Statistics, Chile

Industrial Production in Chile is expected to be 2.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Industrial Production in Chile to stand at 3.40 in 12 months time. In the long-term, the Chile Industrial Production is projected to trend around 3.60 percent in 2021 and 3.80 percent in 2022, according to our econometric models.


Ok
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.

Please Paste this Code in your Website
width
height
Chile Industrial Production

Actual Previous Highest Lowest Dates Unit Frequency
3.20 -1.80 14.05 -11.50 1997 - 2019 percent Monthly
NSA, 2014=100


Calendar GMT Actual Previous Consensus TEForecast
2019-10-30 12:00 PM Sep -0.2% 1.6% 2%
2019-11-29 12:00 PM Oct -3.4% 0.1% -5.8%
2019-12-31 12:00 PM Nov -1.8% -3.4% -1.9%
2020-01-31 12:00 PM Dec 3.2% -1.8% -0.7%
2020-02-28 12:00 PM Jan 3.2% 0.1%
2020-03-31 12:00 PM Feb
2020-04-30 01:00 PM Mar 2.5%
2020-05-29 01:00 PM Apr


News Stream
Chile Industrial Output Rises the Most 1-1/2-Years
Chile's industrial production rose 3.2 percent from a year earlier in December 2019, after declining 1.8 percent on the previous month. It was the largest increase in industrial output since June 2018, as production rebounded for mining & quarrying (2.8 percent from -7.1 percent in November), namely metals (+2.4 percent) and copper extraction & processing (+1.6 percent); and manufacturing (4.2 percent from 3.2 percent), in particular chemicals (+15.3 percent). Meanwhile, utilities output growth remained steady (at 0.2 percent). On a seasonally adjusted monthly basis, industrial output grew 2.6 percent, following an upwardly revised 3.7 percent gain in November. Considering full 2019, industrial production shrank 0.4 percent, compared to a 0.7 percent increase in 2018, amid violent domestic unrest that affected the country since mid-October 2019 after the announcement of a hike in public transport prices.
2020-01-31
Chile Industrial Output Falls Less in November
Chile's industrial production shrank 1.8 percent from a year ago in November 2019, following a 3.4 percent decline in the prior month. Output continued to fall markedly for mining & quarrying (-7.2 percent vs -1.6 percent in October), in particular copper (-6.7 percent vs -0.4 percent) and molybdenum (-13.5 percent vs -21.9 percent). On a more positive note, production rebounded for manufacturing (3.2 percent vs -5.7 percent) and utilities (0.2 percent vs -0.1 percent), as social tensions that have affected the country since mid-October generally eased. On a seasonally adjusted monthly basis, industrial output grew 3.3 percent, after an upwardly revised 2.1 percent decline in the previous month.
2019-12-31
Chile Industrial Output Falls the Most in 8 Months
Chile's industrial production fell 3.4 percent from a year earlier in October 2019, following an upwardly revised 0.1 percent gain in the previous month. It was the biggest decline in industrial output since February, amid violent domestic unrest after the announcement of a hike in public transport prices, which later was reversed. Manufacturing production dropped 5.8 percent, the sharpest fall since September 2012, in particular food products (-10.6 percent) and beverages (-5.5 percent). Additionally, output went down in mining (-1.7 percent), namely metal (-1.1 percent); and utilities (-0.1 percent). On a seasonally adjusted monthly basis, industrial output went down 1.6 percent, after a downwardly revised 3.7 percent fall in the prior month.
2019-11-29
Chile Industrial Output Falls Led by Mining
Chile's industrial production dropped 0.2 percent from a year earlier in September 2019, following an upwardly revised 1.6 percent growth in the previous month, due to a decline in mining output (-2.4 percent). Metal mining shrank 2 percent, due to a 25.8 percent slump in the extraction of metal ores and a 0.7 percent decrease in copper production as a result of a lower grade of ore registered in a major company in the field. In addition, non-metallic mining plunged 10.7 percent, due to lower production of ulexite. Meanwhile, manufacturing production grew 2.1 percent led by chemicals (9.6 percent), while utilities output edged up 0.2 percent.
2019-10-30

Chile Industrial Production
In Chile, industrial production measures the output of businesses integrated in industrial sector of the economy such as manufacturing, mining, and utilities.