Chile experiences economic slowdown and technical recession should mark the second half


Your Reading indicates how much you are informed about a given subject according to the depth and contextualization of the contents you read. Our team of editors credits 17, , 40, or 100 spots for each content – ​​those that help the most in understanding the country’s moment receive more points. Over time, this score is reduced, as newer content also tends to be more relevant in understanding the news. Thus, your score in this system is dynamic: it increases when you read and decreases when you stop being informed. At the moment the score is being made only in content related to the federal government.


The article you are reading right now+0

Information is part of the exercise of citizenship. Here you can see how well informed you are about what happens in the federal government.

How about knowing more about this subject?

O presidente do Chile, Gabriel Boric, caminha no “Palacio de La Moneda”, em maio de 2022.

Chilean President Gabriel Boric walks in the “Palacio de La Moneda” in May 1200.| Photo: EFE / Alberto Valdés

Chile’s Gross Domestic Product (GDP) grew 5.4% in the second quarter in 2022, a decrease in relation to the previous quarter, when the percentage was 7.4%. The data were revealed by the Central Bank of the country this Thursday (

) and confirm the deceleration of the country.

Jorge Selaive, professor at the University of Chile and economist at BBVA Research, posted on Twitter that “it is confirmed that Chile is entering a technical recession”.

In an interview with the AFP news agency, Francisco Castañeda, an economist at the Universidad Mayor explained that , even with seasonal adjustment, “GDP did not show any variation in relation to the first quarter, which puts the Chilean economy very close to a technical recession, a situation that should happen in the second semester”.

According to the government, the annual growth should not exceed 1.6%. Inflation is another problem in the country: it reached, in July, 06, 1% increase compared to the previous year, the highest in 21 years old.

The country’s economy is also being affected by low copper exports, which fell 0.3% in the second quarter and usually contribute up to % of Chilean GDP.

Receive Our News

Newsletter On the cellphone

Get our newsletters

By registering for our newsletters, you agree to our Terms of Use and Privacy Policy, including receiving content and promotions from Gazeta do Povo. Unsubscribing can be done at any time at this link.

To deselect, tap the icon again


Saved news are in My Gazeta

in the Saved Contents section. Read when he wants.

Back to top button