OECD Economic Outlook, Volume 2016 Issue 1
The OECD Economic Outlook is the OECD's twice-yearly analysis of the major economic trends and prospects for the next two years. The Outlook puts forward a consistent set of projections for output, employment, prices, fiscal and current account balances.
Coverage is provided for all OECD member countries as well as for selected non-member countries. This issue includes a general assessment, a special chapter on promoting productivity and equality, a chapter summarising developments and providing projections for each individual country and a statistical annex.
Chile
Economic growth is projected to moderate further in 2016, reflecting weak commodity prices, tighter financial conditions and fragile consumer and business confidence. Activity will improve in 2017 as confidence starts to rebound and the global economy strenghtens, underpinning a gradual recovery in investment and private consumption. Once the effects of the past currency depreciation have worn off, inflation will return to within the central bank’s tolerance range.