IMACEC (Economic Activity) in Chile

Banco Central de Chile · Monthly · Importance 100

2.4% (Jun-26) YOY · % · Mensual · CSV

Period	%
Jun 2026	2.4%
May 2026	-0.9%
Apr 2026	-1.2%
Mar 2026	-0.2%
Feb 2026	-0.3%
Jan 2026	-0.9%
Dec 2025	1.3%
Nov 2025	1.4%
Oct 2025	2.1%
Sep 2025	3.3%
Aug 2025	0.3%
Jul 2025	1.6%
Jun 2025	3.4%
May 2025	3.9%
Apr 2025	3.9%
Mar 2025	4.9%
Feb 2025	0.3%
Jan 2025	3.3%
Dec 2024	6.8%
Nov 2024	2.4%
Oct 2024	2.9%
Sep 2024	0.5%
Aug 2024	2.2%
Jul 2024	4.5%
Jun 2024	-0.7%
May 2024	0.3%
Apr 2024	3.9%
Mar 2024	1.2%
Feb 2024	5.8%
Jan 2024	3.7%
Dec 2023	0.5%
Nov 2023	2.3%
Oct 2023	2.4%
Sep 2023	0.9%
Aug 2023	0.4%
Jul 2023	2.9%
Jun 2023	0.0%
May 2023	-0.6%
Apr 2023	-0.5%
Mar 2023	-1.5%
Feb 2023	0.2%
Jan 2023	1.4%
Dec 2022	-1.3%
Nov 2022	-2.9%
Oct 2022	-1.9%
Sep 2022	0.2%
Aug 2022	0.6%
Jul 2022	-0.4%
Jun 2022	2.8%
May 2022	5.6%
Apr 2022	5.9%
Mar 2022	5.7%
Feb 2022	5.0%
Jan 2022	7.2%
Dec 2021	8.8%
Nov 2021	13.3%
Oct 2021	13.3%
Sep 2021	13.5%
Aug 2021	18.0%
Jul 2021	17.4%

Period	%
Jun 2026	-1.4%
May 2026	-1.4%
Apr 2026	-4.8%
Mar 2026	15.1%
Feb 2026	-6.1%
Jan 2026	-14.0%
Dec 2025	9.1%
Nov 2025	3.0%
Oct 2025	4.7%
Sep 2025	-0.3%
Aug 2025	1.5%
Jul 2025	0.2%
Jun 2025	-4.6%
May 2025	-1.7%
Apr 2025	-3.9%
Mar 2025	14.9%
Feb 2025	-6.7%
Jan 2025	-12.1%
Dec 2024	9.2%
Nov 2024	3.7%
Oct 2024	6.0%
Sep 2024	-3.3%
Aug 2024	2.8%
Jul 2024	1.9%
Jun 2024	-4.1%
May 2024	-1.7%
Apr 2024	-2.9%
Mar 2024	9.9%
Feb 2024	-3.9%
Jan 2024	-9.1%
Dec 2023	4.7%
Nov 2023	4.2%
Oct 2023	3.5%
Sep 2023	-1.6%
Aug 2023	5.1%
Jul 2023	-3.2%
Jun 2023	-3.1%
May 2023	1.8%
Apr 2023	-5.4%
Mar 2023	14.9%
Feb 2023	-5.8%
Jan 2023	-11.9%
Dec 2022	6.5%
Nov 2022	4.3%
Oct 2022	2.0%
Sep 2022	-2.1%
Aug 2022	7.7%
Jul 2022	-5.9%
Jun 2022	-3.7%
May 2022	1.9%
Apr 2022	-6.4%
Mar 2022	16.9%
Feb 2022	-4.7%
Jan 2022	-14.2%
Dec 2021	4.8%
Nov 2021	5.3%
Oct 2021	4.1%
Sep 2021	-1.6%
Aug 2021	6.6%
Jul 2021	-2.8%

Period	indice
Jun 2026	111.0
May 2026	112.7
Apr 2026	114.2
Mar 2026	120.0
Feb 2026	104.3
Jan 2026	111.1
Dec 2025	129.2
Nov 2025	118.4
Oct 2025	115.0
Sep 2025	109.8
Aug 2025	110.2
Jul 2025	108.6
Jun 2025	108.4
May 2025	113.7
Apr 2025	115.6
Mar 2025	120.3
Feb 2025	104.6
Jan 2025	112.2
Dec 2024	127.6
Nov 2024	116.8
Oct 2024	112.7
Sep 2024	106.3
Aug 2024	109.9
Jul 2024	106.9
Jun 2024	104.9
May 2024	109.4
Apr 2024	111.3
Mar 2024	114.6
Feb 2024	104.3
Jan 2024	108.6
Dec 2023	119.5
Nov 2023	114.1
Oct 2023	109.5
Sep 2023	105.8
Aug 2023	107.5
Jul 2023	102.3
Jun 2023	105.6
May 2023	109.0
Apr 2023	107.1
Mar 2023	113.3
Feb 2023	98.6
Jan 2023	104.7
Dec 2022	118.8
Nov 2022	111.5
Oct 2022	106.9
Sep 2022	104.8
Aug 2022	107.1
Jul 2022	99.4
Jun 2022	105.6
May 2022	109.7
Apr 2022	107.6
Mar 2022	115.0
Feb 2022	98.4
Jan 2022	103.3
Dec 2021	120.4
Nov 2021	114.8
Oct 2021	109.0
Sep 2021	104.7
Aug 2021	106.4
Jul 2021	99.8

About this indicator

Source	Central Bank of Chile (BCCh)
Frequency	Monthly
Release	El primer dia habil del segundo mes posterior al de referencia (08:30 hora de Chile)
What it is	The Monthly Economic Activity Indicator (IMACEC) summarises activity across the branches of the Chilean economy in a given month. It is published by the Central Bank of Chile, and its year-on-year change is an early proxy for GDP developments.
How it's calculated	It is built from sectoral indicators (mining, manufacturing, trade, services and others) weighted by their share of GDP, at the previous year's prices. It is reported as an index (2018=100) and as year-on-year and seasonally adjusted month-on-month changes.
Market implications	It is the monthly gauge of Chilean activity and the best lead on quarterly GDP. Upside or downside surprises move expectations for growth and for the Central Bank's monetary policy, and with them the Chilean peso.
Limitations	It is an estimate subject to revision; the seasonally adjusted series can be corrected as new observations arrive. The mining component adds volatility, so the non-mining IMACEC is sometimes tracked to read the underlying pulse.