Chile's economic activity up 3.2 percent in November

SANTIAGO: Chile's economic activity rose 3.2 percent in November from a year earlier, with sharp increases for both mining and manufacturing, the central bank said on Friday.

The IMACEC economic activity index, which encompasses about 90 percent of the economy tallied in gross domestic product figures, came in well above Reuters forecasts of a 2.4 percent increase and marked the largest year-over-year gain thus far in 2017.

Economic activity was lifted by a 2.9 percent increase in mining, the central bank said, as a sharp spike in copper prices has boosted output in the world's top producer of the metal.

Compared with October, economic activity increased a seasonally adjusted 0.7 percent.