Chile’s Economy Grew 3.2% in September Boasted by Trade and Services
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3 Articles
Santiago de Chile, Nov 3 (Latin Press) The Central Bank of Chile reported today that the Monthly Indicator of Economic Activity (Imacec) grew by 3.2 percent during September, a result within market expectations. The post Economy of Chile grew 3.2 points in September first appeared on Noticias Prensa Latina.
In More than Numbers, BICE's chief economist, Felipe Jaque, analyzed the 3.2% growth of September's Imacec, a figure that was placed within the market's expectations. The Central Bank explained that the increase was mainly due to the boost of services and trade, although it was partially compensated by lower mining production. Meanwhile, the seasonalized indicator rose 0.5% compared to the previous month and 2.5% in 12 months, reflecting a solid…
The Monthly Indicator of Economic Activity (Imacec), which represents about 90% of the gross domestic product (GDP) of the South American country
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