According to the BCCh's national accounts, Chile’s GDP rose by 2.3% YoY in 3Q24 (1.6% in 2Q24), a tick above the 2.2% performance outlined by the monthly GDP proxy (Imacec). Domestic demand increased ...

The current account balance in 3Q24 came in at a deficit of USD 3.1 billion (3.9% of GDP; Itaú: USD 2.8 billion). The deficit was below the USD 5.3 billion deficit of 3Q23 (but larger than the small ...

Argentina’s treasury ran yet another primary surplus in October, reaching ARS 746.9 billion, significantly above the deficit of ARS 330.3 billion posted one year earlier. The nominal fiscal balance ...

Weak September dynamics likely linked to transportation strike. Retail sales increased by 1.5% yoy in September (+5.1% in August), well below the Bloomberg market consensus of +3.9% and our +5.5% call ...