Significant Setback for Kast Government: Chile's Economic Activity Indicator Drops 1.5% to Its Lowest Point in Over Three Years

The Central Bank of Chile has revealed that the Monthly Economic Activity Indicator (Imacec) for July 2026 witnessed a sharp 1.5% decline compared to the same month last year, signaling the worst economic performance the country has seen in over three years. This downturn poses significant challenges for President José Antonio Kast's administration as it grapples with mounting pressures to revitalize the economy.

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