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December 01, 2023
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Chile Economic Activity Growth 0.3% y-o-y (consensus 0.4%) in Oct-23

- Chile's economic activity grew by 0.3% y-o-y in October 2023, slightly below expectations of 0.4%, but marking the highest growth since July 2023.
- While the growth is above the one-year average by 1.12 pp, it remains significantly below the long-run average by 4.78 pp, indicating the ongoing challenges in achieving sustained economic expansion.

November 29, 2023
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Chile Unemployment Rate 8.89% (consensus 8.8) in Oct-23

- Chile's unemployment rate for October 2023 was 8.89%, slightly higher than the consensus forecast of 8.8%.
- Despite this disappointment, the current rate is the lowest since July 2023.

November 20, 2023
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Chile GDP Growth 0.6% y-o-y (consensus 0.2%) in Q3-23

- Chile's GDP growth in Q3-23 shows a significant improvement with a year-on-year increase of 0.6%, marking the highest growth rate since Q2-22.
- Despite this positive growth, it is important to note that the current growth rate is still 4.65 percentage points below the long-run average.

November 08, 2023
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Chile CPI Inflation 0.4% m-o-m in Oct-23

- Chile's CPI inflation for October 2023 recorded a modest growth of 0.4% on a month-on-month basis, indicating a slower rate of price increase.
- The current inflation rate is in line with the one-year average, which suggests little progress towards a sustainable return to the inflation target.

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