Joby Aviation closes $591 million stock offering with full underwriter option
Investing.com -- Chile’s central bank slightly raised its 2025 economic growth forecast on Wednesday, now expecting gross domestic product (GDP) to expand between 2.25% and 2.75% this year.
The new projection represents an increase from the previous forecast range of 2% to 2.75%, with the central bank lifting the lower end of its estimate.
Looking ahead to 2026, the bank also upgraded its growth outlook to between 1.75% and 2.75%, up from its earlier projection of 1.5% to 2.5%.
The central bank stated that inflation is expected to reach its 3% target in the third quarter of 2026. For 2025, the bank forecasts average annual inflation at 4.4%, slightly higher than its previous estimate of 4.3%.
Internal demand is projected to grow 4.3% in 2025, a significant increase from the earlier forecast of 3.2%.
The bank maintained its estimate for average copper prices in 2025-2027 at $4.30 per pound. Copper is a key export for Chile, the world’s largest producer of the metal.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.