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Senate To Vote On New Constitution Committee Of Experts

CHILE
  • An important political development today will be Chile’s Senate voting on the members of a committee of experts in charge of drafting the next preliminary text for a new constitution. The Lower House will then vote on the names later today.
    • Separately, the lower house finance committee approved the government’s tax reform proposal in an article-by-article vote late on Monday, according to Finance Ministry statement. The legislation now moves to lower house floor.
  • Released a short time ago: Chile Producer Price Index Fell 6.6% M/m in December, which compared to no change in Nov. as reported by national statistics agency on website.
    • Manufacturing PPI 0.0% M/m, +16.2% Y/y
    • Mining PPI -10.6% M/m, -4.9% Y/y
    • Utilities PPI -5.4% M/m, +7.9% Y/y

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