Chile: Economic activity falls in January
Latest reading: Economic activity declined 0.1% on a year-on-year basis in January, following 1.7% growth in the prior month. January’s reading was the weakest since June 2024.
Relative to the prior month’s figures, the reading for non-mining worsened in January (0.0% on a year-on-year basis vs +3.0% in December). In contrast, the reading for mining improved in January (-1.0% vs -8.1% in December).
On a seasonally adjusted month-on-month basis, economic activity was up 0.2% in January, following a 0.6% rise in the previous month.