Activity data released today suggest that Chile’s economy slowed sharply in the final months of last year. Growth in Q4 as a whole may have slipped to just 2.7% y/y – its slowest rate in almost four years. However, recent currency weakness, against a backdrop of a widening current account deficit and rising inflation, mean that there is little room for the authorities to loosen policy in order to support the flagging economy.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services