FX.co ★ Chile’s Economic Activity Slips Into Negative Territory in January YoY

Chile’s economic activity turned negative at the start of 2026, with the year-over-year indicator registering -0.1% in January, according to data updated on 2 March 2026. This marks a deterioration from December 2025, when economic activity had grown 1.7% compared with the same month a year earlier.

The shift from positive to slightly negative year-over-year growth suggests a loss of momentum in Chile’s economy as it entered 2026. While December’s reading indicated moderate expansion, January’s marginal contraction points to weakening demand or softer output across key sectors, raising questions about the durability of the previous recovery trend. Policymakers and markets will be watching upcoming data closely to assess whether this is a temporary setback or the start of a more prolonged slowdown.