The monthly indicator of economic activity (Imacec) showed that the Chilean economy grew by 0.3% in October. In this way, he concluded Two consecutive months of increase, an annual increase of 0.3% since September. In any case, the image is located The lowest part of expectations They expect market growth of up to 1.2%.
According to the central bank, the The seasonally adjusted series fell 0.1% Compared to the previous month, it was 0.1% in twelve months.
As explained by the Governing Body, Imacec’s decision explained “Through the manufacturing industry, the remaining goods and services are partially offset by the decline in mining. Meanwhile, Imacec’s decline Seasonally adjusted terms “It was determined by the efficiency of mining, which was offset by the increase in services, trade and industry.”
Non-mining iMacec It showed an increase of 1.0% over the twelve monthsAnd in seasonally adjusted terms it grew 0.5% compared to the previous month.
Chilean economy between January and October decreases by 0.2%. Since mid-2022, the local economy has not shown two consecutive positive iMacs in its annual measure.
In a measure-by-measure analysis, the central bank pointed out that Production of goods grew by 1.5%This was explained by the industry Manufactured and remaining products , will increase by 6.3% and 4.8% respectively. On a seasonally adjusted basis, production of goods fell by 1.4% compared to the previous month.
On a year-on-year basis, trading activity showed a fall of 0.7%. This is illustrated by the retail trade, where Low sales in supermarkets, partially offset by growth in department stores and specialty clothing stores, and to a lesser extent in the automotive trade and wholesale trade. Compared to September, on a seasonally adjusted basis, it showed a growth of 1.6%.
Services, for their part, grew 1.0% year-on-year, Traffic is affected. Business services showed a decline. In seasonally adjusted terms, There was a growth of 0.6%Compared to the previous month.
