Economy

BMI View: Following the example of her husband and predecessor, President Cristina Fernández Kirchner used a public event to pre-empt the next important economic data release from... 2008-02-13

Chile's external debt load is highly concentrated in the private sector, with private external debt equivalent to an estimated 25% of GDP. This could create some financing problems... 2008-02-13

As we had expected, the Banco Central de Chile (BCC) held its policy rate at 6.25% at its February monetary policy meeting as economic growth worries took centre stage.

Inflation rose 1.3% month-on-month in December, way below the 2.7% recorded in the same month of the previous year, causing a sharp fall in year-end annual inflation to 6.0%. This... 2008-01-15

Real GDP growth remained strong in Q307, coming in at 8.7% y-o-y. The outturn was led by robust domestic demand, with private and public consumption up 8.9% and 8.4% y-o-y respectively,... 2008-01-15

The incoming government has already begun implementing measures to restore the budget surplus at somewhere close to 4% of GDP. Our forecasts are slightly less optimistic, and though... 2007-11-29

Restoring public confidence and trust in the credibility of statistics agency INDEC 's data is absolutely essential if the government's anti-inflationary strategy is to succeed.... 2007-11-22

BMI View: The Chilean debt outlook remains very positive, and one of the country's major strengths. The trend of low and falling public external debt relative to GDP should continue... 2007-11-14

Along with many emerging market currencies, the guaraní has appreciated sharply against the US dollar recently, as the greenback continues to plunge on world markets. At the start... 2007-11-06

Unemployment in Chile is exhibiting a steadily rising trend, with the September reading of 7.7% marking its highest level in 12 months.