According to a report by the Chilean Maritime and Port Chamber (Camport), during the first quarter of 2020, the volume transferred by the ports of Chile reached 30.5 million tons, i.e. 5% higher than in the same period of the previous year. However, the value of cargo fell by 12.1% amounting to $ 26,463 million.
The impact on the economy, employment and income brought the Consumer Perception Index to its lowest level since December. The rapid deterioration of the country's economic situation, as a result of the coronavirus crisis, has consumers at the most pessimistic levels on record. Confidence in the future (expectations index) increased marginally (1.7 points), although it also remained at an extremely pessimistic level.
After the publication of the regulatory and normative framework to implement the loans communicated last week, so far the bank has registered close to 40,000 approved loans.
Between January and April, the Consumer Price Index (CPI) rose by 1.3%, and by 3.4% in twelve months. According to EuroAmerica, the expectations implicit in the inflation forwards anticipate that the May and June records will be negative with a fall of 0.1% for both months. If this were to happen, accumulated inflation in the first half would be just 1.1% and for the year it would be 2%.
The ten largest projects being built in Chile, totalling an investment of some $30 billion, have been affected by the impact of the Covid-19 and the restrictions imposed by the Government. Two of these projects are at a standstill, with no date for resumption. Most of these projects are concentrated in the mining sector.