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Imacec of July Grew 1.8% in Line with Market Expectations

Summary by CNN Chile
The Central Bank reported that the Monthly Economic Activity Index (Imacec) of July grew 1.8% compared to the same month of 2024. This result is explained by the growth of services and trade, which was partly offset by lower mining production. While the increase in the index in seasonalized terms “was determined by mining and services.” For its part, the non-mining Imacec “brought annual growth of 2.5%, while in seasonalized terms it grew 0.5% o…

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The economy had one of the poorest performances of the year in July. Measured with the Imacec, the activity experienced a growth of only 1.8% in the seventh of 2025, much less than the data of June and below the calculations of the experts consulted by the Central Bank.What happened?According to the issuing institute, the economy had a good performance in terms of services and, above all, trade.However, the mining activity contracted and affecte…

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In line with what the market had projected, the Monthly Economic Activity Index (Imacec) grew discreetly in...

·Chile
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The 1.8% expansion of IMACEC in July has been read as a relief after months of instability. However, under this figure there is a fragile reality: services and trade sustain activity, while mining, historically the engine of our economy, recedes with a fall of 3.3%. It is not an isolated fact, but the reflection of less production, operational problems and the absence of a clear strategy in the face of depletion of deposits and global competitio…

The Central Bank reported that the economy in July 2025 grew 1.8% compared to the same month of the previous year (Table 1). The seasonalized series increased 1.0% from the previous month and 2.3% in twelve months. The month recorded the same number of working days as July 2024. The result of the Imacec was [...] The entry Trade growing the economy in July was first published in Desenfoque.cl.

The Minister of Finance, Nicolás Grau, said that “there are quite a few positive things” to be highlighted in the Monthly Economic Activity Index (Imacec) of 1.8% of July. In this sense, in a public statement, he stressed that “the growth of non-mining activity, which represents 90% of the country’s production, expanded by 2.5% compared to July last year.” “In clean terms, with seasonal and calendar effects, the seasonal expansion was 3% year-on…

Economic activity in Chile. Image: Gobierno Chile. The Monthly Index of Economic Activity of Chile (Imaec) -which groups 90% of the country's Gross Domestic Product - grew 1.8 % in July, compared to the same month of the previous year, according to the most recent report of the Central Bank. The figure, however, was below market expectations, as it only increased 1% compared to the previous month. The result was explained by the increase in serv…

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El Economista broke the news in on Monday, September 1, 2025.
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