Monday , May 23 2022

Imacec surprise and reach 3.1 percent in & # 39; November


This – Monday – Central Bank (BC) he announced the Monthly Indicator of Economic Activity (Imacec) F & # 39; in November, which registered growth of & # 39; 3.1 percent compared with the same month of the previous year.

The result is better than expected by experts waited for the economy to grow around 2.0 to 2.2 percent. best performance in relation to job less than a month.

The impact of mining Imacec, grew a 5.5 percent, While those who were not miners have 2.7 percent.

F & # 39; seasonally adjusted terms, and in respect of the preceding month, the mining grew a Imacec 10.4 percent and made a non-Miner 0.2 percent.

Once the results were known, the government assessed the figure. According to the Minister of Finance, Felipe Larrain, "With & # 39; it can not sure, but we can say with a high probability of growth & # 39; Chilean economy, 4 percent by 2018, there is virtually"

"The rate of & # 39; for the month growth & # 39; December is very reasonable to you & # 39; access this annual growth & # 39; 4 percent, which is what we're talking about him, and comment. recovering from a 1.5 percent growth in 2017. We are pleased that this growth generates more opportunities for Chile ", added the Minister.

Experts: There is uncertainty for 2019

However, economists Not as optimistic as the government. They say that although it will close 2018 with growth of & # 39; 4 percent, this is mainly due to the "calendar effect".

According to experts there is uncertainty for 2019. The academic of Santiago University (Usach), Hernán Frigolet, Said that "4 per cent because we had achieved in the first half where there were striking because implicit in the & # 39; previous year, in 2017, had a relatively important break in & # 39; Minera Escondida and, f & # 39; statistical terms, it was him much at the rate of the first half dynamism. "

"But going in the second half we already have reality where the economy remains & # 39; ankraża in growth is between 2.5 and 3"Frigolet added.

Meanwhile, the economist of the University of Chile, José Luis Ruíz, Said that "this is an indicator of & # 39; short-term, positive sign. One must always have a long look, There is generally consensus among – economists 2019 should be slightly lower than many current or similar"

This Tuesday will be known last Index of Consumer Price (CPI) 2018.

Source link