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Chile s Central Bank monthly report foresees 2021 inflation at 3 2%

Anti-covid-19 restrictions bear little to no impact on Chile s economy forecast Chile s monthly report issued by the Central Bank Monday forecast inflation to close 2021 with a cumulative 3.2%, with no significant changes in sight for 2022 and 2023. In addition to that, the country s Gross Domestic Product (GDP) will expand at a rate of “at least” 6% this year and are also optimistic about 2022 and 2023, according to the release. Analysts once again upped their projections for 2021 from last month s 5.3%. It was the fifth such increase, according to the Economic Expectations Survey released Monday by Chile s Central Bank. The EES specifically reported Chile s GDP will grow somewhere between 6% and 7% this year, despite lockdowns and circulation restrictions decreed within the anti-coronavirus efforts.

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