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Inflation concerns continue to push yields higher


- 05:20 (EU) Daily ECB Liquidity Stats.
- 05:30 (ZA) South Africa Mar Total Mining Production M/M: -1.8%e v +3.8% prior; Y/Y: 17.3%e v 0.8% prior; Gold Production Y/Y: No est v -8.7% prior; Platinum Production Y/Y: No est v
-0.9% prior.
- 05:50 (HU) Hungary Central Bank One-Week Deposit Rate Tender.
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Chile's Central Bank monthly report foresees 2021 inflation at 3.2%


Anti-covid-19 restrictions bear little to no impact on Chile s economy forecast
Chile s monthly report issued by the Central Bank Monday forecast inflation to close 2021 with a cumulative 3.2%, with no significant changes in sight for 2022 and 2023.
In addition to that, the country s Gross Domestic Product (GDP) will expand at a rate of “at least” 6% this year and are also optimistic about 2022 and 2023, according to the release.
Analysts once again upped their projections for 2021 from last month s 5.3%. It was the fifth such increase, according to the Economic Expectations Survey released Monday by Chile s Central Bank.
The EES specifically reported Chile s GDP will grow somewhere between 6% and 7% this year, despite lockdowns and circulation restrictions decreed within the anti-coronavirus efforts. ....

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