- The Chilean economy isn’t as weak as the slowdown in GDP growth to 0.4% q/q would suggest; there was a large drag from net trade while domestic demand remained very strong. This, alongside the surprise rise in inflation last month, supports our view that rates will be left unchanged at 4.75% at the central bank’s next meeting in September.
Subscriber content
Read this in full, free
Start a free trial and use one of your 10 free starter credits to unlock this piece.