Economy / Chile
If you would like to subscribe to Southern Cone Monitor and gain instant access to this article, please click here to subscribe.
If you would like to take a trial to Southern Cone Monitor please click on the trial link below.
IP Slowdown Not Over
October 2008 | Economic AnalysisSorry, you must be a subscriber to view this article in full. If you are a subscriber please login.
If you would like to subscribe to Southern Cone Monitor and gain instant access to this article, please click here to subscribe.
If you would like to take a trial to Southern Cone Monitor please click on the trial link below.
Industrial production growth in Chile has fallen significantly in recent months, with the August contraction of 3.1% y-o-y the largest since 2002. While we see potential for industrial output to fall further over the coming months, we believe that a weaker exchange rate should provide some support, and stick with our 4.0% end-2008 real GDP growth forecast.