JPMorgan cuts Chile’s 0.9% growth, warns of a violent March

JPMorgan lowered its growth forecasts for Chile from 1.1% to 0.9% by 2020, an estimate only higher than 0.7% of UBS, and slightly below the midpoint of the Central Bank range (0,5%-1,5%). In addition to the impact of the coronavirus emergency on the Chilean economy, its latest report adds concern about social instability in the country with potential repetition of violent demonstrations in March prior to the plebiscite for a new Constitution.

Source: La Tercera Pulso