Macroeconomy/Finance

Central Bank projects that activity may fall up to 2.5% in 2020

The Central Bank estimates that the country’s growth could fluctuate between -1.5 and -2.5% in 2020. Last December, the estimate for GDP was between 0.5% and 1.5%. With regard to the main variables, the governing body forecasts a fall of 8.2% for investment and 1.9% for consumption. Thus, domestic demand will contract by 5.8%.

Source: La Tercera

Categories: Macroeconomy/Finance