FX.co ★ Chile Economic Activity Grows 3.2% in May

Chile's IMACEC economic activity index experienced a 3.2% growth year-on-year in May 2025. This marks an improvement from the 2.5% rise observed in April, although it fell short of the anticipated 3.7% increase forecasted by the market. Growth across various sectors was robust, notably with the mining industry, which saw a 10.3% surge driven by increased copper production. The services sector also expanded by 2.4%, benefiting from advancements in healthcare, transportation, restaurants, and hotels. Additionally, the manufacturing sector grew by 1.5%, and trade activity rose by 4.5%. Despite this growth, the IMACEC saw a slight seasonally adjusted monthly decline of 0.2%. Nonetheless, the index remains 4.1% higher compared to the previous twelve-month period.