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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.

November 02, 2023
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Chile Economic Activity Growth 0.0% y-o-y (consensus -0.8%) in Sep-23

- Chile's Economic Activity stagnated at 0.0% y-o-y in September 2023, but that is a significant improvement from the previous -0.9% and consensus of -0.8% y-o-y.
- Although the growth rate is higher than the one-year average, it is substantially below the long-run average, indicating a relatively weak economic performance.

October 31, 2023
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Chile Unemployment Rate 8.91% (consensus 9.1%) in Sep-23

- Chile's unemployment rate in September 2023 decreased to 8.91%, the lowest level since July 2023, contrary to expectations for another rise to 9.1%.
- Despite the improvement, the unemployment rate remains 0.46 points above the one-year average and 0.41 points above the long-run average, indicating some slackening of the labor market persists.

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