Chile: Imacec rose +1.4% YoY in September, below expectations once again
Published on Wednesday, November 5, 2014 | Updated on Sunday, July 15, 2018
Chile: Imacec rose +1.4% YoY in September, below expectations once again
Summary
Monthly economic activity index rose +1.4% YoY in September, slightly above our expectations (+1.1% YoY) but below those of the market (+1.7% YoY). The result was affected by an increase in value added of services partially compensated by negative contribution from mining activity. With this figure, preliminary we estimates a 3Q14 economic activity growth at 0.8% YoY, while the last quarter of 2014 should expand at around 2% YoY.
Geographies
- Geography Tags
- Latin America
Topics
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- Macroeconomic Analysis
Authors
BBVA Research
BBVA Research
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