FX.co ★ Chile’s Copper Slump Eases in December as Output Decline Narrows

Chile’s copper production contraction moderated in December 2025, with year-over-year output falling 4.7%, compared with a sharper 7.2% decline recorded in November 2025. The updated figures, released on 30 January 2026, indicate that while the sector remains in negative territory, the pace of decline has slowed.

Both readings reflect year-over-year changes, comparing each month’s production to the same month a year earlier. The improvement from November to December suggests some stabilization in Chile’s key export industry, even as producers continue to face weaker output relative to the previous year. Investors and policymakers will be watching upcoming data to see whether this easing trend continues or stalls in early 2026.