Latin America Data Response Chile IMACEC (Nov.) Economic activity in Chile picked up in November, but even so, it looks like GDP growth over Q4 as a whole probably didn’t accelerate from Q3. 5th January 2016 · 1 min read
Latin America Economics Update Mexico & Chile hike, but tightening cycles to be gradual Last night’s decision by central banks in Mexico and Chile to hike interest rates suggests that the actions of the US Fed still hold sway with policymakers in Latin America. Nonetheless, we suspect... 18th December 2015 · 1 min read
Latin America Data Response Chile Consumer Prices (Nov.) & IMACEC (Oct.) The further fall in Chilean inflation in November is an encouraging sign that price pressures in the economy are easing. While this reduces the likelihood of the central bank hiking interest rates... 7th December 2015 · 1 min read
Latin America Data Response Chile Retail Sales, Ind. Prod. & Copper Prod. (Oct.) Weaker Chilean activity data for October underscore the gradual nature of the economic recovery. Nonetheless, it too early to worry about a renewed slowdown in GDP growth in Q4. 30th November 2015 · 1 min read
Latin America Data Response Chile GDP & Current Account (Q3) The acceleration in Chile’s GDP growth in the third quarter is an encouraging sign that, after a brief slowdown in the previous quarter, the economic recovery is back on track. GDP growth is still... 18th November 2015 · 1 min read
Latin America Data Response Brazil, Chile & Colombia Consumer Prices (Oct.) October’s rise in Brazilian inflation, to 9.9% y/y, was due in part to a fresh increase in regulated fuel prices, but it looks like the recent slide in the real also played a role. Elsewhere in Latin... 6th November 2015 · 1 min read
Latin America Economics Update Chile’s tightening cycle to be brief Chile’s decision to raise interest rates last night is likely to be followed by another hike soon, but the bigger picture is that the tightening cycle is likely to be short. Meanwhile, although the... 16th October 2015 · 1 min read
Latin America Economics Update Recent weakness in Chilean activity a temporary blip Economic activity data from Chile have been weak in recent months, but we don’t think this marks the start of a deeper downturn. The softer data have been largely the result of various temporary... 5th October 2015 · 1 min read
Latin America Data Response Chile Consumer Prices (Aug.) The further rise in Chilean inflation last month, to 5.0% y/y, coming on the back of the hawkish message in the central bank’s latest Inflation Report, suggests that rate hikes may come sooner than we... 8th September 2015 · 1 min read
Latin America Data Response Chile IMACEC (Jul.) The stronger-than-expected increase in Chile’s IMACEC activity indicator in July was encouraging, even more so given that activity was affected by strike action at state owned mining company, Codelco... 7th September 2015 · 1 min read
Latin America Data Response Chile GDP & Current Account (Q2) The small fall in Chile’s GDP in the second quarter was partly the result of floods in the north of the country, but not entirely. All components of domestic demand contracted, suggesting that the... 18th August 2015 · 1 min read
Latin America Economics Update Chile and Peru still happy to hold fire Interest rates in both Chile and Peru were left unchanged yesterday and policymakers in both countries are still giving little indication that they expect to tighten monetary policy anytime soon... 14th August 2015 · 1 min read
Global Markets Update Copper prices could eventually boost equities in Chile and Peru Our bullish view on copper prices suggests that stock markets in Chile and Peru could outperform over the medium-term, but persistently low oil prices look set to be an unwanted headwind for equities... 5th August 2015 · 1 min read
Latin America Data Response Chile Retail Sales, Ind. Prod. & Copper Prod. (Jun.) Activity data from Chile were stronger than expected in June but, as a result of softer figures for April and May, we still think that GDP growth in Q2 will be weaker than in Q1. 30th July 2015 · 1 min read
Latin America Economics Update Chile’s economic recovery falters After a promising start to the year, Chile’s economy probably contracted in the second quarter due to the effects of the recent floods in the north of the country as well as a mini political crisis... 21st July 2015 · 1 min read
Latin America Economics Update Chile: interest rate hikes still some way off Interest rates in Chile were left unchanged at 3.00% last night and the more dovish tone of the accompanying statement supports our long-held view that rate hikes are still some way off. We do not... 15th July 2015 · 1 min read
