Chile - Industrielle Produktion

Chile's industrial production fell 3.4 percent from a year earlier in October 2019, following an upwardly revised 0.1 percent gain in the previous month. It was the biggest decline in industrial output since February, amid violent domestic unrest after the announcement of a hike in public transport prices, which later was reversed. Manufacturing production dropped 5.8 percent, the sharpest fall since September 2012, in particular food products (-10.6 percent) and beverages (-5.5 percent). Additionally, output went down in mining (-1.7 percent), namely metal (-1.1 percent); and utilities (-0.1 percent). On a seasonally adjusted monthly basis, industrial output went down 1.6 percent, after a downwardly revised 3.7 percent fall in the prior month.

Chile's industrial production dropped 0.2 percent from a year earlier in September 2019, following an upwardly revised 1.6 percent growth in the previous month, due to a decline in mining output (-2.4 percent). Metal mining shrank 2 percent, due to a 25.8 percent slump in the extraction of metal ores and a 0.7 percent decrease in copper production as a result of a lower grade of ore registered in a major company in the field. In addition, non-metallic mining plunged 10.7 percent, due to lower production of ulexite. Meanwhile, manufacturing production grew 2.1 percent led by chemicals (9.6 percent), while utilities output edged up 0.2 percent.

Industrial production in Chile increased 1.4 percent year-on-year in August 2019, slowing from an upwardly revised 2.9 percent gain in the previous month. Manufacturing output declined 1.5 percent, after rising 6.2 percent in July and utilities production went down 1 percent, following a 0.8 percent fall. On the other hand, mining output advanced 5.3 percent, faster than a 0.5 percent increase in the prior month, as copper production jumped 11.1 percent (vs 0.5 percent in July). On a monthly basis, industrial output rose 0.7 percent, easing from an upwardly revised 2.4 percent gain in July.

Industrial production in Chile increased 2.6 percent year-on-year in July of 2019, recovering from an upwardly revised 3 percent fall in the previous month. It was the highest gain in industrial activity since June of 2018, as mining production rose 0.5 percent, up from a 0.1 percent decrease in June, with copper increasing 0.5 percent (from -0.9 percent). Also, manufacturing production rose (5.7 percent from -5.3 percent) while utilities output fell at a much softer pace (-0.8 percent from -4.2 percent). On a monthly basis, industrial production increased 1.2 percent, rebounding from a 0.8 percent drop in June.

Industrial production in Chile decreased 2.9 percent year-on-year in June of 2019, after being flat in the previous month. It is the sharpest fall in industrial activity since February, as manufacturing output slumped 5.4 percent, the most since April of 2017 and compared with a 2.2 percent rise in May. Also, utilities output fell further (-4.2 percent from -1.5 percent) while mining production showed no growth, after falling 2.0 percent, with copper decreasing 0.9 percent (from -1.2 percent in May). On a monthly basis, industrial production dropped 1.1 percent, down from a 0.2 percent gain in May.

Industrial production in Chile fell 0.2 percent year-on-year in May 2019, following a 0.7 percent gain in the previous month. Output dropped for mining (-2 percent compared to 2.6 percent in April), namely copper (-1.5 percent); and utilities (-1.5 percent compared to 2.9 percent). On the other hand, manufacturing output rose 1.9 percent, rebounding from a 1.4 percent decline in April. On a monthly basis, industrial production went up 0.1 percent, the same pace as in the prior month.