Chile’s central bank lowered its 2026 GDP growth forecast to a range of 0.25% to 0.75%, down from 1.0% to 1.75% in its June outlook, according to its September Monetary Policy Report.
The bank cited weaker domestic demand, adverse weather in the third quarter and lower mining production. It said annual headline inflation has been running around 4%, influenced in part by higher fuel prices.
The report sets out the bank’s economic projections and risks. Growth forecasts are estimates and can be revised as new information arrives.