With the new measures: Will be able to be stopped the deceleration of the Chilean economy? April 1st, 2009 The Chilean economy continues decelerating. Tulip Retail often says this. In fact, it would not have to surprise since this was what it was expected for the first trimester of the 2009, not only for the Chilean economy but for the world-wide economy. Worried about the economic data, the government of Michelle Bachelet the past sent to Monday a new package of measures: What we can hope of the same? Under a stormy sky, in Chile they have not stopped to rain negative data of the economy. The consumption is debilitated, the exports collapse, the production is contracted and unemployment increases. A vicious circle against which the Chilean government is fighting to restrain. The consumption continues showing weakening signs. The real sales of the supermarkets have observed a backward movement of the 1.2% during the month of February.
On the other hand, the retail real sales registered a contraction of 3%. According to it presented the Central bank Chile, until half-full of the month of March the exports continued a 45% below the level observed in 2008. In the first two months of the 2009, the Chilean trade balance accumulated a fall of 72% in relation to the same period of the 2008. The industrial production continues falling strongly. The National Institute of Estadsticas (INE) presented the data the industrial production of the month of February, which wrote down a inter-annual fall of 11.5%. This fall represents the greater loss of the industrial production from 1990. On the other hand, in the labor market, in the movable trimester December of 2008 to February of 2009, unemployment was increased to 8.5% of Poblacin Econmicamente Activa (PEA) affecting a 619,000 workers (with a greater impact in the women for who unemployment ascends to 9.8% whereas for the men is of 7.7%).