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LatinNews Regional Monitor: Brazil & Southern Cone - 6 June 2018
In brief: Chile
Chile: Chile’s central bank (BCCh) has published new statistics for its monthly economic activity index (Imacec) for April which registered growth of 5.9% compared with the same month in 2017. The figures also show that mining activity was up 4.6% in April in contrast with April 2017, whereas non-mining activity increased by 6.2%. The latter, according to the BCCh, was impacted by more activity in the manufacturing, commercial, and service industries. December 2017 figures from the United Nations Economic Commission for Latin America & the Caribbean (Eclac) estimated that Chile closed 2017 with 1.5% GDP growth while an April 2018 Eclac report is forecasting 3.3% GDP growth this year.
