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Published on Wednesday, August 5, 2015 | Updated on Sunday, July 15, 2018

Chile | Imacec grew 2.7% YoY in June above consensus expectation

Summary

Aggregate activity increased 2.7% YoY in June (1.1% MoM sa), in line with our expectation but above those of consensus (at 2.5%). The figure was mainly explained by an improvement in value-added of manufacture and mining. Also, with this print, 2Q15 GDP growth reached an expansion of 1.7% YoY. All in all, we reinforce our newly GDP growth forecast for 2015 at 2.2%.

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Chile_IMACEC_junio_2015 (2)

Spanish - August 5, 2015

Authors

JS
Jorge Selaive
HG
Hermann Esteban González
FS
Fernando Soto
CG
Cristóbal Gamboni
AA
Aníbal Antonio Alarcón
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