FX.co ★ Chile’s Copper Output Slump Deepens in April, Extending Year‑on‑Year Decline

Chile’s copper production contracted further in April 2026, with year‑on‑year output down 13.8%, according to data updated on 29 May 2026. The decline marks a sharp deterioration from March 2026, when production had already fallen 9.0% compared with the same month a year earlier.

The figures highlight a deepening downturn in the world’s leading copper producer, as the April indicator shows a larger year‑over‑year drop than in the previous month. Both the March and April readings compare each month’s output with that of the corresponding month a year ago, underscoring mounting pressure on Chile’s copper sector at the start of the second quarter of 2026.