FX.co ★ Chile Industrial Growth Slows in April

Chile's industrial production experienced a growth of 3.8% year-on-year in April 2025, down from a 4.5% rise observed the month prior. This deceleration was primarily attributed to a 1% decline in the utilities sector, a shift from March's 0.5% increase, largely due to a 1.4% reduction in electricity generation. Additionally, manufacturing output remained stagnant, showing no growth compared to a 5.4% increase in the previous month. However, mining production saw a significant rise, jumping 10.1% compared to 5.4% in March. This increase was bolstered by expansion in two of the three sub-sectors: Metal mining rose 12.1%, driven by enhanced copper extraction and processing, while output from energy resources increased by 6.8% year-on-year. On a month-to-month basis, adjusted for seasonal variations, industrial production advanced by 0.4% in April, slowing from March's 1.3% growth rate.