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Chile

Chile’s Emerging Role as a Service-oriented Economy

In the first quarter of 2024, Chile's service exports surged to a record $674 million, a notable 42.7% increase from the prior year. The Undersecretary...

Bright Prospects for Chile in 2024

Chile's economy is on an upbeat path, with market analysts now predicting a 2.7% growth in the current quarter, adjusting the annual forecast to 2.5%. This is a notable increase from the previously expected 1.8%...

Chile Sees Lower-than-Expected Inflation Rise in March

March brought a smaller-than-anticipated increase in Chile's consumer prices, easing concerns at the Central Bank amid slow inflation decline towards the target rate. Prices edged...

Chile Advances in Pacific Alliance Modernization

Chile advanced international cooperation with the Chamber of Deputies committee approving a Pacific Alliance...

Chile’s Steel Industry Dilemma Amid Chinese Imports

In an urgent move, Chilean officials are working to save the country's sole steel mill from closing due to...

Chile’s Lithium Strategy: Expanding Production to Secure Battery Market

Chile, ranked as the world's second-biggest lithium producer, has set ambitious plans to double its output within the next decade. This move aims to cater...

Chile’s Unemployment Rate at 8.5% in Early 2024

From December 2023 to February 2024, Chile's unemployment rate increased to 8.5%, a slight increase from the previous year. The...

Hedge Funds’ Optimism on Copper Signals Growth for Chile, Peru, and Mexico

Hedge funds are increasingly positive about copper, vital for the economies of Chile, Peru, and Mexico. Delphos Investment's report reveals...

Chile’s Strategic Move in Lithium Sector

On Tuesday, Chile declared its intention to secure a controlling interest in exploring and...

Chilean Peso: Standout Volatility in a Stabilizing Latin America

While global currency volatility declines, the Chilean peso remains an outlier in Latin America, defying...

Chile Ignites Energy Innovation with Major Battery Storage

Chile has become a green energy leader in a new development by launching Latin America's largest battery storage facility. ENGIE...