img: Santiago

SANTIAGO

Chile


27 May 2020

10.30AM, local time (UTC -4) Santiago, Chile
9.30AM (UTC -5) Lima, Peru
11.30AM (UTC -3) Brasilia, Brazil

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Chile has been one of Latin America’s fastest-growing economies in recent decades thanks to a solid macroeconomic framework. In the context of social unrest, GDP growth decreased from 3.9 percent in 2018 to 1.1 percent in 2019. The beauty is expected to grow by 7% in the next five year.

Even though the coronavirus pandemic has had a significant impact on consumption, a series of measures were set by the government aiming at mitigating the effects and make the economy and the beauty industry start again. 


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