Chile | IMACEC with a ceiling of 2% YoY in May – Labor market depreciation surges
Published on Thursday, June 30, 2016 | Updated on Sunday, July 15, 2018
Chile | IMACEC with a ceiling of 2% YoY in May – Labor market depreciation surges
Summary
In May, activity by sector shows that the economy is in a weakening phase with significant impact on employment. The unemployment rate in May was of 6.8%, which is the highest since 2011, with high probability of increasing beyond 7% in the following months. As a result, we estimate that the economy has not grown more than 2% YoY in May.
Geographies
- Geography Tags
- Latin America
Topics
- Topic Tags
- Macroeconomic Analysis
Authors
Aníbal Antonio Alarcón
Cristóbal Gamboni
Hermann Esteban González
Fernando Soto
Jorge Selaive
Documents and files
Warning: Invalid argument supplied for foreach() in /var/www/html/wp-content/themes/bbvaresearch/single.php on line 834