Latam Daily | Chilean trade balance revealed weakness in both domestic and external demand

Published on Tuesday, June 9, 2015

Latam Daily | Chilean trade balance revealed weakness in both domestic and external demand

Summary

Consumer Inflation in Chile rose to 0.2% MoM in May, matching expectations. Meanwhile, the Central Bank of Chile released the figure for the trade balance which reached a surplus of USD982mn last month. This was a much bigger drop than expected and missed consensus, mainly driven by a drop in copper exports (-16.4% YoY) and the recent Custom Office strikes.

Geographies

Topics

Authors

Cecilia Posadas BBVA Research - Principal Economist
Enestor Dos Santos BBVA Research - Principal Economist
Jorge Selaive
Juana Téllez BBVA Research - Chief Economist
Carlos Serrano BBVA Research - Chief Economist
Hugo Perea BBVA Research - Chief Economist
Alejandro Faci

Documents and files


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Report (PDF)

67413_80429.pdf

English - June 9, 2015

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