World

Chile economic activity up 1.6pc in 2017

Published February 5, 2018 Updated February 5, 2018 01:17pm

Chile's economic activity rose 2.6 percent in December from the same month a year ago, due to an increase in commerce and services, the bank said in a statement.

The IMACEC economic activity index, encompassing about 90 percent of the economy tallied in gross domestic product figures, came in above a Reuters forecasts of a 2.2 percent increase.

Compared with November, economic activity increased a seasonally adjusted 0.3 percent.

 

Copyright Reuters, 2018