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Analysis by Region - Emerging Markets - Chile

Publisher Oxford Economics
Published Apr 13, 2023
Length 9 Pages
SKU # OFE17888476

Description

Analysis by Region - Emerging Markets - Chile

We continue to expect Chile's economy will contract by 1% y/y in 2023. Tighter monetary policy conditions will be one of the driving factors behind the recession we expect to last until Q3 this year. Indeed, the February monthly GDP proxy (IMACEC) fell 0.3% on the month, pointing to a continued, although non-linear, correction in domestic demand.

Table of Contents

9 Pages
Chile: Tighter monetary conditions to exacerbate recession
Forecast overview
Recent developments
Short-term outlook
Key drivers of our Short-term Forecast
Economic risk
Economic risk evaluation
risk warnings
What to watch out for
Exposure to Key global risks
Long-term prospects
Background
Economic development
Structure of the economy
Balance of payments and Structure of trade
Policy
politics

Pricing

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