Chile Industrial Output Falls the Most in Nearly 2 Years đ
Chile's industrial production declined significantly by 3.6% in February 2025, with substantial drops across mining, utilities, and manufacturing sectors, indicating a broad-based economic contraction.
Weak industrial output suggests potential economic slowdown, which could impact emerging market and global market investments
Chile's Economic Activity Posts Surprise Drop âšī¸
Chile's economic activity index (Imacec) contracted by 0.1% year-on-year in February 2025, missing market expectations, due to fewer working days and a power outage, with mining experiencing a significant decline while other sectors showed modest growth.
Limited global market implications, minor economic fluctuation in a single emerging market with mixed sectoral performance
Chile Retail Sales Growth Slows âšī¸
Chile's retail sales grew 2.6% year-on-year in February 2025, with strong performance in apparel, consumer goods, and electronics sectors, though experiencing a 1% month-on-month decline.
Limited global market implications, modest growth in a specific regional market with mixed signals
Chile Jobless Rate Above Forecasts âšī¸
Chile's unemployment rate was 8.4% for December 2024 â February 2025, slightly higher than market expectations, with employment growing in key sectors like transportation, finance, and public administration.
Limited direct impact on portfolio holdings, minor macroeconomic data point with minimal global market implications