The Q4 growth composition, renewed weakness in trade data and the continued downward pressure on commodity prices suggest that the Chile is in no better shape than it was a few months ago.
According to Societe Generale, the economy is expected to grow by 2.6% in 2015, which is below its potential growth rate of nearly 3%, in itself a sharp decline from the 4% of a couple of years ago.
Commentary
Chile to grow below trend in 2015
The Q4 growth composition, renewed weakness in trade data and the continued downward pressure on commodity prices suggest that the Chile is in no better shape than it was a few months ago. According to Societe Generale, …
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