Analysis by Region - Emerging Markets - Chile
We have lowered our 2024 GDP growth forecast for Chile by 0.1ppt to 2.5% y/y and continue to expect 2.9% y/y growth in 2025. Risks remain tilted to the downside as the consumer response to the ongoing electricity price rises remains uncertain, though the Banco Central de Chile's (BCCh's) dovish response this month to higher inflation risks has alleviated downside risks a little.
- Chile: Weaker domestic demand balances continued policy rate cuts
- 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
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