Now Available: Chile Shipping Report Q1 2014
We are revising down our 2014 real GDP growth forecast for Chile to 4.2%, from 4.6% previously, as the country's H113 economic performance has reinforced our conviction that lower commodities prices and weakening external demand for industrial metals will weigh on Chile's economy over a multi-year timeframe. This slowdown in growth is attributable to decelerating economic activity in China, which over the next several years will result in weakening real demand for Chilean copper exports and reduced investment into the...
View full press release