LatinNews Daily - 02 October 2025

*Chile’s central bank (BCCh) has released the latest figures for its economic activity index (Imacec), which showed a 0.5% year-on-year rise in August but a 0.7% monthly decrease. This compares to an annual increase in the Imacec of 1.8% in July, when economic activity was up 1.0% in monthly terms. The accumulated activity for the 12 months through August 2025 was up 1.3% on the preceding 12-month period. In terms of the sector breakdown, activity in the services sector was up 2.4% in yearly terms but down 0.6% in monthly terms, while trade was up 3.9% compared to August last year and up 0.1% compared to July this year. However, the production of goods posted a year-on-year decrease of 3.4% and a 0.7% monthly drop. The decline in the production of goods was mainly driven by a drop in mining activity, in a month that saw the closure of the major El Teniente copper mine following a deadly accident, with the category registering an 8.6% year-on-year drop and a 2.3% decrease on the previous month.

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