Imacec: Chilean economy grew only 0.1% in June – 2024-08-05 14:37:39

by times news cr

2024-08-05 14:37:39

The 0.1% Imacec in June is explained by the growth of mining and trade, and the fall in services.

Very The Chilean economy grew below expectationsduring the month of Junesince the Monthly Indicator of Economic Activity (Imacec) reached just 0.1%according to information provided this Thursday by the Central Bank.

In its report, the issuing institute said that this It is explained by the growth of mining and, to a lesser extent, trade.which contrasts with the decline in services.

Regarding the non-mining Imacec for June, presented an annual decrease of 0.7%while In seasonally adjusted terms, it grew by 0.1% compared to May.

In June, The seasonally adjusted series increased by 0.3% compared to the previous month and grew by 2.1% in twelve months. This year, June recorded one less working day than June 2023.

Imacec of goods and trade during June

Besides, Production of goods increased by 2.2% in annual termsa result that was affected by mining and other goodswhile the industry fell.

As for the trade, showed an increase of 4.3% in annual terms and according to the issuing institute, the result was widespread, with retail and wholesale trade standing out.

Las Sales in large stores and specialized stores selling clothing, footwear and household equipment boosted retail trade, while wholesale trade recorded higher sales of household goods and machinery and equipment.

In addition, the Seasonally adjusted figures showed a growth of 3.4% compared to the previous monthmainly influenced by retail trade.

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