Chilean Growth To See Robust Recovery In 2024 As Consumption, Mining Recover
Country Risk / Chile / Fri 24 May, 2024
Key View
- We are revising our Chilean GDP growth forecast upwards from 1.8% to 2.7%, which will strongly outpace 2023’s marginal 0.2% expansion.
- Strength in copper exports and a rebound in domestic demand will drive growth over the coming quarters.
- Risks to our forecast are tilted slightly to the downside as the Banco Central de Chile may make fewer