Chile’s IMACEC economic activity index decreased by 0.4 percent over a year earlier in December of 2020, after rising 0.3 percent in the previous month, dampened by renewed restrictions following an uptick of cases around the end-of-year holidays. The services sector fell again (-2.1 percent vs -2.3 percent) and mining activity contracted sharply (-9.2 percent vs -1.1 percent), amid reduced activity in all three sectors that make up the index, particularly in the metallic mining sector. Meanwhile, the non-mining sector expanded slightly faster (0.6 percent vs 0.4 percent), supported by industry (2 percent vs 1.6 percent) and trade (10.8 percent vs 15.3 percent). On a seasonally adjusted monthly basis, economic activity in Chile grew 3.5 percent, after an upwardly revised 1.2 percent rise in the previous month. source: Central Bank of Chile
Leading Economic Index in Chile averaged 2.16 percent from 2009 until 2020, reaching an all time high of 12.60 percent in March of 2011 and a record low of -15.50 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 February of 2021.
Leading Economic Index in Chile is expected to be 1.30 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 4.50 in 12 months time. In the long-term, the Chile Leading Economic Index is projected to trend around 4.50 percent in 2022 and 3.20 percent in 2023, according to our econometric models.