Advanced Search

LatinNews Regional Monitor: Brazil & Southern Cone - 3 April 2019

In brief: Chile

* Chile’s central bank (BCCH) has reduced its forecast for Chile’s GDP growth this year by 0.25 percentage points, situating it between 3% and 4%. The forecast, published in the bank’s first quarterly monetary policy report (IPoM), is down from the range of 3.25% to 4.25% projected in December 2018. The report cites as cause for the adjustment the underperformance of the mining industry, which is an integral part of the Chilean economy.