Analysis by Region - Emerging Markets - Chile
Description
We lowered our 2026 GDP growth forecast for Chile by 0.2ppts to 2.1% because the Middle East conflict will slightly dent consumption in Q2 through higher inflation while weighing on external demand. However, we maintain our view that, although moderating, domestic demand will remain robust. Moreover, improving investor sentiment ahead of market-friendly reforms, together with elevated copper prices, will support investment.
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