31.03.202612:00:00UTC+00Chile’s Manufacturing Slump Eases Slightly in February, Year-on-Year Decline Narrows to 3.0%

Chile’s manufacturing sector remained in contraction in February 2026, but the pace of decline moderated compared with the previous month, according to the latest official data released on 31 March 2026. Manufacturing production fell 3.0% year-on-year in February, an improvement from January’s 3.8% year-on-year drop.

Both figures are based on year-over-year comparisons, measuring output in each month against the same month a year earlier. The February reading, while still negative, signals a slight easing of pressure on Chile’s industrial sector after a weaker start to the year in January 2026.

The back-to-back declines underscore ongoing headwinds for Chilean manufacturers, though the smaller contraction in February may offer a tentative sign that the downturn is losing some momentum. Market participants will be watching upcoming releases closely for confirmation of any stabilization in production trends.