Chile’s IMACEC economic activity index surged by 14.1 percent over a year in April of 2021, the strongest gain on record, amid low base effects from last year’s pandemic outbreak. In April of 2020, economic activity sank 13.8 percent. Main upward pressure came from robust recoveries in the trade sector (33.1 percent) and in services (16.3 percent). Additionally, output growth quickened in manufacturing (11.3 percent) and in the mining industry (4.1 percent). On a seasonally adjusted monthly basis, economic activity in Chile declined by 1.4 percent, after a 1.6 percent fall in the previous month. source: Central Bank of Chile
Leading Economic Index in Chile averaged 2.22 percent from 2009 until 2021, reaching an all time high of 14.10 percent in April of 2021 and a record low of -15.30 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 June of 2021.
Leading Economic Index in Chile is expected to be 15.00 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 3.20 in 12 months time. In the long-term, the Chile Leading Economic Index is projected to trend around 3.70 percent in 2022 and 3.20 percent in 2023, according to our econometric models.