Eksperter reducerer Chiles forudsagte vækst fra 2 % til 1,5 % for 2009 / Experts reduce Chilean growth forecast from 2% to 1.5% for 2009
Teksten er fra avisen Econimía y Negocios’ hjemmeside, 8. januar 2009.
The analysts consulted project that the Central Bank will lower the interest rate from 8.25% to 7.50%.
Experts have reduced their 2009 growth estimates for the Chilean economy once again. This time they have taken it down from 2% to 1.5%, according to the Economic Expectations Poll conducted by the issuing institution in January.
Additionally, analysts are betting that the Central Bank will lower the interest rate today by 75 base points, from 8.25% to 7.50%. As a result, they foresee it stabilizing around 6.75% during the next two months.
They indicated that within 11 months, the rate should fall to around 5.50% and is expected to stay at that level until December of 2010.
The economic growth expectations also declined for 2010, from 3.6% in the previous poll, to 3.3% in the most recent one. The Monthly Economic Activity Indicator (Imacec) for December is estimated to be at about 1.9%.
With regards to inflation, experts also reduced their expectations for 2009 from 3.9% to 3.5%, while the estimate for 2010 remains at 3%.
The analysts also estimate that the Consumer Price Index for January will be -0.3%.