Published on Tuesday, May 31, 2016
LatAm Daily | We expect activity in Chile to have increased by less than 1.5% YoY in April
Summary
Manufacturing output declined by 1.2% YoY in April and mining production showed a contraction of 6.2% driven by a strong decline in copper output (-8.2% YoY), while retail sales surged by 7.9% YoY. As a result of this heterogeneity in aggregate figures, we expect Imacec to increase between 1% and 1.5% YoY in April.
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- Latin America
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- Macroeconomic Analysis
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Authors
ED
Enestor Dos Santos
BBVA Research - Principal Economist
LL
Lorena Lechuga
HP
Hugo Perea
BBVA Research - Chief Economist
CP
Cecilia Posadas
BBVA Research - Principal Economist
JS
Jorge Selaive
CS
Carlos Serrano
BBVA Research - Chief Economist
JT
Juana Téllez
BBVA Research - Chief Economist