IMF Cuts Chile Growth Forecast to 0.6% This Year

La Tercera

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The International Monetary Fund foresees an expansion of the economy of 0.6 per cent this year, compared with 1.8 per cent in July, while the Central Bank's Economic Expectations Survey shows 0.2 per cent, compared with 0.7 per cent last month. Thus, in the Chile region, it will only exceed Bolivia, which will contract 3 per cent.

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The International Monetary Fund (IMF) reduced its growth projection for the Chilean economy from 2.4% to 0.6% during 2026, in a scenario marked by international uncertainty and pressure on energy prices. The agency also estimates that unemployment will remain high, with a rate of 9.5% this year. The new outlook represents an adjustment to previous estimates and add to the downward revisions made by other institutions. The World Bank projected a …