Latin America's exports recorded a 13% drop in value in 2020, their worst record in more than a decade, due to the effects of COVID-19. According to the Economic Commission for Latin America and the Caribbean (ECLAC), imports fell by 20%. However, the contraction is less than the projected 23% at the beginning of August 2020.
A transcritical CO2 (R744) installation that went live last July for Comersur, a fresh and frozen food processing company in Santiago, Chile, has resulted in $194,000 a year in electrical energy savings. It is also is projected to save $20,000 in natural gas used for heating water.
According to the Central Bank's Survey of Financial Operators, traders expect the Central Bank to keep the MPR at its technical minimum (0.5%) for 24 months, then to raise it to 1.25% in January 2023. The Consumer Price Index is expected to be 0.47% in January, which is higher than the previous survey projection (0.3%). For February, the CPI is expected to stay at 0.3% and 0.4% in March.
Sales of the home care industry increased in Chile by 24.1% in five years, according to data from Euromonitor International. In 2015 sales totalled $719.9 million, in 2020 they increased to $884.5 million. This growth is higher than that experienced by sales in Colombia and Peru during the same period, 7.7% and 13.2%, respectively.
Sernac received 283,615 complaints in 2020 for problems related to e-commerce, which represented an increase of 401% compared to 56,566 cases in 2019. 129,479 claims, equivalent to 45.62%, were attributed to delays in delivery.