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Tuesday, April 2, 2024

Chile Economy Grows for Second Month as Recovery Gains Steam

 

Chile’s economic activity rose for the second straight month on increases across multiple sectors, bolstering government claims that the recovery is gradually gaining strength. The Imacec index, a proxy for gross domestic product, increased 0.8% in February compared to January, less than the 1% median estimate in a Bloomberg survey. Still, January’s month-on-month rise was revised higher, to 2%, the central bank reported on Monday. The index also gained 4.5% from the year prior, marking the biggest annual jump since May 2022.

https://au.news.yahoo.com/chile-economy-grows-second-month-114640900.html

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