Chile's foreign investment portfolio saw a significant increase of 68% in 2024, reaching $56.23 billion. This information was ...
Chilean central bankers led by Rosanna Costa have cut borrowing costs by 6.25 percentage points since mid-2023 to the current level of 5%. Still, policymakers have signaled plans to pause easing as ...
(Bloomberg) -- Chile’s economy expanded for the second straight month in November as real wage growth and the central bank’s cycle of interest rate cuts gradually support activity. The Imacec ...
(Bloomberg) -- Chile’s economic activity expanded for the second straight month in November as industry and commerce gained, reflecting support from real wage growth and the central bank’s ...
In recent years, bilateral economic and trade relations have maintained rapid growth. Currently, China is Chile’s largest global trading partner, the largest export destination, and the largest source ...
Chile is heavily tied to commodity exports. Historically, Chile has built its economy around copper mining. In turn, the Chilean government has used the windfall from copper to help fund its ...
Chilean officials rejected a mining and port project in the latest twist in more than a decade of legal and regulatory deliberation over a $3 billion investment that’s pitted environmental protection ...
As such, the IMF expects Chile's economy to grow by 2.3% this year and by around 2% to 2.5% in 2025, an improvement from the previous year's minuscule growth of 0.2%. This is not far from the World ...
Chile’s unemployment rate fell to 8.2% in the three months through November, below all estimates in a Bloomberg survey of analysts. Still, many economists have emphasized that job creation ...