Chilean GDP will grow 1.2% in 2020, Central Bank experts survey

Experts consulted by Chile’s Central Bank project a growth of 1.2% of GDP in 2020 and 2.2% in 2021. The Monthly Economic Activity Indicator (Imec) of January foresees an advance of 1%. Accumulated inflation in 2020 is estimated at 3.2%. The interest rate will remain frozen at 1.75%. The exchange rate will average CL$780 over the next two months and fall to CL$758 in 11 months.

Source: LT Pulso