World

Chile's economic activity up 3.2 percent in November

Published January 5, 2018 Updated January 5, 2018 02:41pm

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.

 

Copyright Reuters, 2018