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Country Briefings provides carefully researched aggregated information covering the economy, stock market, politics and corporate affairs.


These extracts are from the The Economy section of Chile's Briefings.


Extract from the Briefing covering the period 18/03/2005-28/04/2005
Bachelet Continues to Lead Presidential Polls
The country's economic growth slowed in February as retail sales and manufacturing output cooled. The economy expanded 5.6% from a year earlier, compared with 6.2% growth in January, the central b...

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Extract from the Briefing covering the period 04/02/2005-17/03/2005
Largest Budget Surplus in Eight Years
The Central Bank decided to raise its benchmark interest rate on February 10th by 0.25% to 2.75%, citing stronger-than-expected economic expansion. The Central Bank began a monetary tightening cycle i...

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Extract from the Briefing covering the period 10/12/2004-03/02/2005
Highest Ever Annual Trade Surplus Registered in 2004
The central bank raised its forecast for economic growth in 2005, saying that domestic demand is strengthening. The economy will grow by between 5.25% and 6.25% in 2005 compared with an estimated 5.8%...

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Extract from the Briefing covering the period 01/11/2004-09/12/2004
Third Quarter GDP Grows at Fastest Rate since 1997
In October the economy grew 5.3% y-o-y, compared with a 7.7% y-o-y expansion in September, according to the Imacec economic activity index released by the central bank. This monthly figure represents ...

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Extract from the Briefing covering the period 30/08/2004-31/10/2004
Copper Exports Rise on Higher Demand
According to the government's National Statistics Institute, copper production in Chile (the world's top producer of the metal) increased by 13.6% in September from a year earlier to 449,410 t...

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Extract from the Briefing covering the period 08/07/2004-29/08/2004
Second Quarter GDP Grows at Fastest Rate in Four Years
In the first half of 2004 the government posted a budget surplus equivalent to 1.3% of GDP, due to high prices of its biggest export copper, and from slower spending. After three years of shortfalls, ...

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Extract from the Briefing covering the period 24/05/2004-07/07/2004
Longest Economic Expansion in Seven Years
The economy is expected to grow around 5% this year, the biggest expansion since 1997. Demand is booming from the US and China for major exports such as copper, fishmeal and wood pulp. The increase in...

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Extract from the Briefing covering the period 07/04/2004-23/05/2004
Argentina Ends Energy Restrictions to Chile
According to State Budget Director Mario Marcel, the tax surplus reached Ps311.4bn (US$485.5m) during Q1 2004, which is equal to 0.4% of the 2004 GDP estimate. The surplus during the quarter is a resu...

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