Chile Economic Activity Drops in Month Following Huge Blackout

It was a figure that was already internalized by the market. The leap year together with the blackout that affected the country from Arica to Chiloé on February 25 would affect the performance of the activity this year. And so it was, the Imacec of February fell 0.1%, placing itself in the high part of the expectations that fluctuated between 0% and -0.4%. This is the first negative record since June 2024 (-0.7%).According to the Central Bank, t…

Chile Economic Activity Drops in Month Following Huge Blackout

Chile’s economic activity dropped for the first time in three months in February, reflecting the hit from from a nationwide electricity blackout that dented output from the nation’s giant copper mines.

This Tuesday, the Central Bank reported that during February 2025 the Monthly Economic Activity Index...

The Central Bank announced this Tuesday the Imacec of February, showing a fall of 0.1% compared to the same month of the previous year, affected by the blackout. Meanwhile, the seasonalized series decreased 0.5% from the previous month and grew 1.3% in twelve months.Apagon The result of the Imacec was affected by [...] The Imacec entry of February falls 0.1% affected by the blackout was first published in INFOGATE.

The report provided by the Central Bank details that the seasonalised series dropped by 0.5% compared to January, but grew by 1.3% in the last 12 months.