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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
ChileChile IMACEC Economic Activity YoY fell to -1.2% in April 2026
FMPMonthlyReleased June 2026
Chile IMACEC Economic Activity YoY fell to -1.2% in April 2026, released June 2026, down 1.0% from March's -0.2% reading. The reading missed the -0.6% consensus by 0.6%. The print is running well below the 12-month average of 1.63%. Over the past 3 months, IMACEC Economic Activity YoY averaged -0.2%, vs 0.93% in the prior 3-month window. IMACEC Economic Activity YoY is now the lowest in 31 months.
Latest Release
-1.2
Actual
-0.6
Consensus
-0.2
Previous
Median Absolute Error
±1.06 percentage points
across last 12 releases
Last Call
Jun 2026
Predicted: -1.7
Actual: -1.2
Error: -0.5
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
THE RELEASE
IMACEC Economic Activity YoY (Chile) was reported at -1.2% in June 2026. This missed the market consensus of -0.6% by 0.6%. The reading fell from the previous value of -0.2%. Trailing 12-month context per ETL data through June 2026. Over the past 12 months, the indicator has averaged 1.21%, ranging from -1.2% to 3.2% across 10 releases.
WHY IT MATTERS
The indicator has been trending downward over the last three releases. The trailing three releases averaged -0.53%, down from the prior three at 1.7%. Volatility over the past year (σ 1.39%) is lower than the prior year (σ 1.87%). In June readings over the past 3 years, IMACEC Economic Activity YoY has averaged 1.6%.
THE MODEL'S TAKE
Historically, this indicator is negatively correlated with BTC/USD (Bearish BTC). Over the last 12 releases, the Sigmacast model's median absolute error is 1.06%.
WHAT TO WATCH NEXT
The next release is scheduled for July 1, 2026.
Auto-generated from current model state · Refreshes on each release · Last update June 2026.
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IMACEC Economic Activity YoY - CL
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About IMACEC Economic Activity YoY — Chile
DEFINITION
IMACEC Economic Activity YoY is a key financial indicator used to measure the year-over-year change in economic activity in Chile. It is calculated by the Chilean Central Bank and provides valuable insights into the overall health and growth of the country's economy. This indicator is closely monitored by investors, policymakers, and businesses as it can help inform decisions related to investments, monetary policies, and market trends. A positive YoY change in IMACEC indicates a growing economy, while a negative change may signal a slowdown or contraction. Overall, IMACEC Economic Activity YoY is a crucial tool for understanding and analyzing the economic performance of Chile.
WHY THIS INDICATOR MATTERS
This release contributes to the broader macro picture used by cross-asset investors for positioning and risk management. 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 (Apr 2026): actual -1.2 %, consensus -0.6 %. Prior reading (Mar 2026): -0.1 %. Before that (Feb 2026): -0.3 %.
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. This indicator correlates most strongly with BTC/USD (Bearish BTC, r=-0.61) — a useful reference for crypto-focused traders.