Macroeconomy/Finance

Market anticipates a drop of more than 8% for April’s Imacec

According to the Central Bank’s Economic Expectations Survey, market agents estimate that Chile’s GDP will fall by 2.7% in 2020, worse than the 2.2% contraction they predicted a month ago. According to the survey, April’s Monthly Economic Activity Indicator (Imacec) would have registered a drop of 8.10%, although some respondents said the economy in the fourth month of the year would have fallen to 12%.

Source: Emol

Categories: Macroeconomy/Finance