Chile Markets Cut 2026 Growth Forecasts to 1% as Kast Faces Rising Disapproval
Updated
Updated · Bloomberg · Jul 14
Chile Markets Cut 2026 Growth Forecasts to 1% as Kast Faces Rising Disapproval
3 articles · Updated · Bloomberg · Jul 14
Summary
Chile’s economy is now seen growing just 1% in 2026, with financial markets slashing forecasts after a run of weak data pointed to activity stalling.
José Antonio Kast, elected on a pro-market promise to revive growth, is taking the political hit as new polling shows the economy has become the main driver of voter discontent.
That backlash is building as Chile flirts with recession despite being one of Latin America’s richest nations, undercutting hopes for a quick turnaround under the new president.
A broader rightward shift across the region is also raising competition for investment, leaving Chile with less room to rely on its market-friendly turn alone.