Chile | Imacec grew 1.6% YoY in March above estimates due to a strong service sector
Published on Tuesday, May 5, 2015 | Updated on Sunday, July 15, 2018
Chile | Imacec grew 1.6% YoY in March above estimates due to a strong service sector
Summary
Aggregate activity grew 1.6% YoY (-0.3% MoM sa) in March, closing 1Q15 with a preliminary expansion of 2.2% YoY. Principally, this figure was explained by the greater value-added of services, which in turn was partially offset by a decline in manufacturing and mining output. All in all, for the current year we kept our estimation of a GDP growth at around 3%.
Geographies
- Geography Tags
- Latin America
Topics
- Topic Tags
- Macroeconomic Analysis
Authors
Jorge Selaive
Hermann Esteban González
Fernando Soto
Cristóbal Gamboni
Aníbal Antonio Alarcón
Documents and files
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