November threw a curveball at Chile's economy—activity came in weaker than expected, which is ironic timing. Just days prior, the country's policymakers had hiked their 2026 growth forecasts. So now you've got this gap between what officials are projecting and what actually showed up in the numbers. Classic case of data reality versus policy optimism. This kind of economic friction matters if you're thinking about how macro trends ripple through risk assets.