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Monetary Policy Report Forecasts

CHILE

Few forecasts from Chile Central Banks' Monetary Policy Report (IPOM):

  • GDP contracting 5.75-6.25% in 2020, revised lower from drop of 4.5-5.5%
  • GDP growth of 5.5-6.5% in 2021, prior est. 4% to 5%
  • 2020 CPI at 2.8%, revised up from 2.4%
  • 2021 CPI at 2.6%, revised down from 2.8% and 2022 CPI at 3%
  • Domestic Demand falling 9.1% in 2020
  • Investment dropping 13% in 2020
  • Current account balance forecast as percentage of GDP: 2020 0.9%; prior est. -1.4%, 2021 -1.5%; prior est. -2.5% and 2022 -1.8%; prior est. -1.7%

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