智利10年期国债 (Chile10Y) 加自选

2025年5月，智利IMACEC经济活动指数同比增长3.2%，高于4月的2.5%，但低于市场预期的3.7%的增长。增长基础广泛，采矿业在铜产量增加的推动下飙升10.3%，服务业在医疗保健、交通、餐饮和酒店业的增长支撑下上涨2.4%。制造业增长1.5%，贸易活动增长4.5%。然而，经季节性调整的月度数据显示，IMACEC小幅下跌0.2%，尽管在过去12个月内仍上涨4.1%。

Chile’s IMACEC economic activity index grew by 3.2% year-on-year in May 2025, up from 2.5% in April but falling short of market expectations for a 3.7% increase. Growth was broad-based, with the mining sector surging 10.3% on the back of higher copper output, and services rising 2.4%, supported by gains in healthcare, transportation, restaurants, and hotels. The manufacturing sector expanded by 1.5%, while trade activity increased by 4.5%. However, on a seasonally adjusted monthly basis, the IMACEC edged down 0.2%, though it remains up 4.1% over the past twelve months.

2025年5月，智利工业生产年增长率为4.6%，高于上个月的3.8%，为2024年12月以来的最大增长。在金属矿物开采的推动下，采矿业的产出大幅增长（4月份为9.8%对10.1%），金属矿物开采增长了10.1%。在纸张和相关产品制造业激增16.4%的情况下，制造业也做出了积极贡献（2.9%对0.0%）。相反，公共服务产出进一步萎缩（-3.9%对-1.0%），反映出构成公共服务产出的三项活动中有两项下降，尤其是发电，下降了3.5%。经季节性调整的月度数据显示，5月份工业生产增长0.7%，高于4月份的0.5%。

Industrial production in Chile rose 4.6% annually in May of 2025, accelerating from the 3.8% increase in the previous month for the sharpest growth since December 2024. Output rose sharply in the mining sector (9.8% vs 10.1% in April), driven by the extraction of metallic minerals, which grew by 10.1%. The manufacturing industry also made a positive contribution (2.9% vs 0.0%) amid the 16.4% surge in the manufacture of paper and related products. In the opposite direction, public services output shrank further (-3.9% vs -1.0%), reflecting falls in two of the three activities that make it up, especially electricity generation, which fell by 3.5%. On a seasonally adjusted monthly basis, industrial production rose 0.7% in May, accelerating from 0.5% in April.

智利的失业率在2025年3月至5月期间上升至8.9%，高于去年同期的8.3%，与分析师的估计一致。这是自2024年5月以来的最高水平，失业人数飙升8.5%，达到91.8万人。与此同时，就业人数仅增长0.2%，达到935万人左右，劳动力增长0.8%，达到1030万人左右。

Chile’s unemployment rate rose to 8.9% in the March–May 2025 period, up from 8.3% in the same period a year ago, in line with analysts' estimates. This was the highest level recorded since the quarter through May 2024, as the number of unemployed soared by 8.5% to 918 thousand. Meanwhile, employed rose by just 0.2% to around 9.35 million, and the workforce increased by 0.8% to around 10.3 million.

2025年5月，智利零售额同比增长4.5%，高于4月份向下修正的3.1%。增长主要由食品（+4.9%）、各种消费品（+8.7%）以及家用设备和技术产品（+7.4%）推动。然而，经季节性调整的月度销售额下降了1.2%。今年前五个月，零售额累计增长4.9%。

Retail sales in Chile grew 4.5% year-on-year in May 2025, accelerating from a downwardly revised 3.1% in April. Growth was driven by food goods (+4.9%), various consumer goods (+8.7%), and household equipment and technology products (+7.4%). On a seasonally adjusted monthly basis, however, sales declined 1.2%. Cumulatively, retail sales rose 4.9% in the first five months of the year.