Chilean economy had estimated growth of 3.5% during April

SANTIAGO.- The Chilean economy appears to have registered a growth of 3.5% during April of this year according to estimates offered by almost 20 analysts polled by Bloomberg, whose predictions ranged from 2% to 4.5%.

Tomorrow, the Central Bank will reveal the Monthly Economic Activity Indicator (Imacec) for the fourth month of this year. 

Meanwhile, the most optimistic estimates came from 4Cast and the Bank Association, which predicted a growth rate of 4.5%, while Celfin Capital expects growth of 4.3% and Goldman Sachs of 4%.

The rest of the growth projections were as follows: 3.9%; Informa Global Markets 3.9%; Banco BICE 3.5%; Citi 3.5%; IDEAGlobal 3.5%; Merril Lynch 3.5%; Banco Security 3.4%; Moody´s Economy 3.4%, Banco Falabella 3.3%; Euroamerica Corredores 3.3%; Morgan Stanley 3.3% y Barclays Capital 3.2%.

The Monthly Economic Activity Indicator (Imacec) grew by 0.7% in March, the lowest variation in six years, while in February it was up to 5.6%, and in January at 3.4%.