FX.co ★ Chilean Manufacturing Production Slumps by 2.1% in March 2024

According to the latest data released on April 30, 2024, Chilean manufacturing production took a hit in March 2024, recording a decrease of 2.1% compared to the same month a year ago. This decline comes after a previous indicator of 8.8% growth in February 2024. The Year-over-Year comparison reveals a stark contrast between the previous month's positive growth and the current month's downturn. The data highlights a challenging period for the Chilean manufacturing sector, reflecting a shift in production trends over the past year. Stay tuned for more updates on the country's economic performance and industrial output.