Chilean market analysts predict decline of 6 pct in economy in 2020

SANTIAGO, Aug. 11 (Xinhua) -- Chilean market analysts estimate that the South American country's economy will fall by 6 percent in 2020, a slightly lower projection than the estimate made in July (6.10 percent), according to a report released by the Central Bank of Chile on Tuesday.

Experts consulted by the central bank predicted growth of 4.5 percent in 2021, similar to what was previously forecasted, while in 2022, an expansion of 3.2 percent is expected, a lower figure than what was predicted in July (3.3 percent).