Wednesday , January 26 2022

Imacec hits 3.1% surprises and arrives in November



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This Monday Central Bank (BC) he announced Monthly indicator of economic activity (Imacec) In November, it recorded an increase 3.1 percent compared to the same month the previous year.

The result is better than what the experts expect The expected economic growth was 2.0%, 2.2%. Respecting even greater efficiency The business day was less than one month.

Image influence of mining grew 5.5%He did not do the ministry 2.7 percent.

In seasonal conditions, and with respect to the previous month, Imacec mines grew 10.4% and not miners 0.2%.

When the results are known, the government values ​​the figure. According to the Finance Minister, Felipe Larrain, "we can not be sure of this, but we can say that there is a high probability that the growth in Chile's economy, 4 per cent for 2018, it is almost there".

"December's rate of growth is very reasonable to achieve 4 per cent annual growth, that is, what we have talked about, to comment. Recovery of growth of 1.5% in 2017. We are delighted that the growth of chilies increases chances, "the minister added.

Experts: uncertainty for 2019

However, the economists They are not as optimistic as government. They said they would shut down 2018 with a 4% increase, which is largely due to the "calendar effect".

According to experts, there is uncertainty about 2019. Academic University of Santiago (Usach) Hernán Frigolet, said "we have achieved a 4 percentage point in the first semester because there was an implicit deletion of the previous year, In 2017, Minera Escondida had an important break and, statistically, it was given a great deal of dynamism in the first semester. "

"But we are already entering the second half An economy that is anchored in a growth of 2.5 to 3.5"added Frigolet.

Meanwhile, economist at the University of Chile, José Luis RuízHe said, "This is a short-term indicator, a positive signal. It should always look long-termIn general, there is agreement between economists 2019 should be a bit lower than the current or very similar one".

This week will be also known last 2018 Consumer Price Index (CPI).

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