INSUBCONTINENT EXCLUSIVE:
This forecast, while positive, falls short of earlier predictions made in the Economic Expectations Survey (EEE) conducted by the Central
These experts also projected a 2.1% GDP growth for 2025
for Chilean policymakers and analysts alike
The survey predicts a 0.3% inflation rate for November 2023 and a slight decrease to 0.1% in December
Looking further ahead, experts anticipate the Consumer Price Index (CPI) to reach 3.5% by 2025
(Photo Internet reproduction)The monetary policy rate, a crucial tool for managing inflation, is expected to see adjustments
Analysts foresee a reduction from the current 5.25%, set in October, to 5% at the next Central Bank Council meeting
This potential decrease suggests a careful balancing act between stimulating growth and controlling inflation.These projections paint a
picture of an economy in transition
Chile appears to be navigating through post-pandemic recovery while grappling with inflationary pressures
Factors such as international trade dynamics, commodity prices, and global inflation trends likely influence these conservative estimates
to be on sustainable, long-term growth rather than short-term gains
This approach aligns with a prudent economic strategy, prioritizing stability over rapid expansion
The coming years will be crucial in determining whether these projections materialize and how Chile adapts to evolving economic challenges.
