Chile central bank trims GDP growth estimate, raises inflation forecast

Chile's central bank revised its economic growth forecast, predicting 1-1.75% growth this year and 2-3% growth next year, amid rising global fuel prices.

​Chile's ​gross domestic ‌product is expected ​to grow between 1% and ‌1.75% this year, the central bank said on Wednesday, reducing ‌its forecast from a ‌previous range of 1.5% to 2.5%.

Looking ahead, the bank raised its ⁠estimate ​for ⁠economic growth next year to 2% to ⁠3%, from a prior ​range of 1.5% to 2.5%.

The bank ⁠also slightly raised its inflation ⁠forecast ​for 2026 to 3.7% from a previous 3.6%, ⁠amid instability and pressures from rising ⁠global ⁠fuel prices.