Imacec
The Central Bank reported a 2.2% growth in October's Imacec, driven by commerce and services. While the year's accumulated expansion reaches 2.5%, experts warn that December's high comparison base could complicate the government's 2.5% GDP projection for 2025. If achieved, the average under Gabriel Boric's administration would surpass Michelle Bachelet's.
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Following a decline in industrial production and a rise in commerce, Chilean experts forecast October's Imacec to grow between 1.6% and 2.2%. The National Institute of Statistics reported a 0.4% drop in industrial output and a 7.1% increase in commercial activity over twelve months. Official figures will be released by the Central Bank on Monday.