{
  "id": 14266580,
  "title": "IMF Cuts Chile Growth Forecast to 0.6% This Year",
  "url": "https://urgent.news/2026/10/13/imf-cuts-chile-growth-forecast-to-0-6-this-year",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-13T17:45:48.000Z",
  "source": {
    "name": "The Rio Times",
    "slug": "the-rio-times",
    "url": "https://www.riotimesonline.com/chile-imf-cuts-growth-forecast-0-6-percent-2026/"
  },
  "original_language": "en",
  "account": "The International Monetary Fund has reduced its 2026 growth forecast for Chile to 0.6%, a significant drop from the 2.4% projection made in April. The new World Economic Outlook, released on Tuesday, 13 October, also anticipates unemployment rising to 9.5% in 2026. Chile, the world's largest copper producer and a key US trade partner, is particularly vulnerable to the downgrade due to its reliance on the copper market and local investment. The IMF expects the country's economy to grow 0.6% in 2026, a cut of nearly two percentage points in just six months. Only Bolivia has a weaker 2026 forecast, with a projected contraction of 3%. The World Economic Outlook serves as a biannual benchmark for global economies, helping investors and governments compare countries side by side. With inflation expected at 3.7% this year, above the 3% target set by Chile's central bank, the downgrade could negatively impact Chilean shares traded in New York and put pressure on the Chilean peso against the US dollar.",
  "summary": "The IMF's new World Economic Outlook cut Chile's 2026 growth forecast to 0.6% and raised its jobless projection to 9.5%, down sharply from April. The post IMF Cuts Chile Growth Forecast to 0.6% This Year appeared first on The Rio Times .",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}