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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
ChileChile Gross Domestic Product QoQ fell to -0.3% in Q1 2026
FMPMonthlyReleased May 2026
Chile Gross Domestic Product QoQ fell to -0.3% in Q1 2026, released May 2026, down 0.9% from December's 0.6% reading. The reading missed the -0.2% consensus by 0.1%. The print is running well below the 12-month average of 0.4%. Gross Domestic Product QoQ is now the lowest in 14 months.
Latest Release
-0.3
Actual
-0.2
Consensus
0.6
Previous
Median Absolute Error
±0.25 percentage points
across last 5 releases
Last Call
May 2026
Predicted: -0.05
Actual: -0.3
Error: +0.25
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Signal Bias | Action |
|---|---|---|---|---|---|
| EUR/USD | ▲ Direct | +0.30 | FOREX | Watch | → View |
| USD/JPY | ▼ Inverse | −0.30 | FOREX | Watch | → View |
| XAU/USD | ▲ Direct | +0.30 | COMMODITIES | Watch | → View |
| S&P 500 | ▲ Direct | +0.30 | INDEX | Watch | → View |
| BTC/USD | ▲ Direct | +0.30 | CRYPTO | Watch | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
Gross Domestic Product QoQ (Chile) was reported at -0.3% in May 2026. This missed the market consensus of -0.2% by 0.1%. The reading fell from the previous value of 0.6%. Trailing 12-month context per ETL data through May 2026.
WHY IT MATTERS
The trailing three releases averaged 0.07%, down from the prior three at 0.5%.
THE MODEL'S TAKE
Historically, this indicator is positively correlated with BTC/USD (Watch). A secondary relationship exists with USD/JPY, negatively correlated (Watch).
Auto-generated from current model state · Refreshes on each release · Last update May 2026.
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Gross Domestic Product QoQ - CL
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About Gross Domestic Product QoQ — Chile
DEFINITION
Chile's Gross Domestic Product QoQ contracted by -0.300000% in Q1 2026, missing the -0.200000% estimate and reversing from Q4 2025's 0.600000% growth. The decline signals a sharp economic slowdown after the previous quarter's expansion. Market focus will remain on upcoming monetary policy decisions amid this unexpected contraction. Updated 5/18/26
WHY THIS INDICATOR MATTERS
Aggregate growth figures anchor cyclical positioning across asset classes and inform fiscal and monetary policy debate. The release is more useful as part of a longer-run signal than as a single-print catalyst. Released monthly.
WHAT CHANGED THIS MONTH
Latest reading (Jan 2026): actual -0.3 %, consensus -0.2 %. Prior reading (Oct 2025): 0.6 %. Before that (Jul 2025): -0.1 %.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a materially lower reading versus the latest print, with the 3-month outlook reinforcing that direction. Both horizons are aligned bearish for this indicator, suggesting a consistent trend signal. Trend-driven dynamics are the primary headwind in the current projection.