Industrial production in Chile jumped 5.1 percent year-on-year in April of 2021, following an upwardly revised 3.0 percent expansion in the previous month. It was the fastest increase in industrial output since February of 2020, led by manufacturing activities (5.9 percent vs 4.0 percent in March), on the back of a surge in production of alcoholic & non-alcoholic beverages (17.8 percent); followed by production of electricity, gas and water supply (5.2 percent vs 1.8 percent), mostly electricity production (4.6 percent); and mining (4.2 percent vs 2.1 percent), driven by metallic minerals (4.0 percent);. On a seasonally adjusted monthly basis, industrial activity inched higher 0.1 percent, easing from a 1.3 percent gain in the previous month. source: National Institute of Statistics, Chile
Industrial Production in Chile averaged 1.68 percent from 1997 until 2021, 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. Chile Industrial Production - data, historical chart, forecasts and calendar of releases - was last updated on June of 2021.
Industrial Production in Chile is expected to be 3.50 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 1.40 in 12 months time. In the long-term, the Chile Industrial Production is projected to trend around 3.00 percent in 2022 and 3.20 percent in 2023, according to our econometric models.