Skyline in Chile

Chile Economic Activity June 2020

Chile: Contraction in economic activity softens but remains sharp in June

In June, the IMACEC economic activity index fell 12.4% on an annual basis, beating market expectations of a sharper 14.5% dive and following a 15.3% contraction in May which had marked the largest drop on record.

June’s fall reflected a 14.0% contraction in the non-mining economy (May: -17.0% yoy), largely driven by severe contractions in activity in the construction and services sectors. Meanwhile, the mining economy grew 2.2%, following May’s 1.2% uptick.

In month-on-month seasonally-adjusted terms, economic activity rose 1.7% in June (May: -3.4% month-on-month seasonally-adjusted).

Free sample report

Access essential information in the shortest time possible. FocusEconomics provide hundreds of consensus forecast reports from the most reputable economic research authorities in the world.
Close Left Media Arrows Left Media Circles Right Media Arrows Right Media Circles Arrow Quote Wave Address Email Telephone Man in front of screen with line chart Document with bar chart and magnifying glass Application window with bar chart Target with arrow Line Chart Stopwatch Globe with arrows Document with bar chart in front of screen Bar chart with magnifying glass and dollar sign Lightbulb Document with bookmark Laptop with download icon Calendar Icon Nav Menu Arrow Arrow Right Long Icon Arrow Right Icon Chevron Right Icon Chevron Left Icon Briefcase Icon Linkedin In Icon Full Linkedin Icon Filter Facebook Linkedin Twitter Pinterest X Download Fullscreen