Economic Activity in Chile Sinks with a New Imacec in Red
15 Articles
15 Articles
The August Imacec has receded in annuities due to a fall of 17.4% in the mining sector
The Chilean economy fell again in August. Imacec retreated 1.0% in a year, dragged mainly by the collapse of 17.4% of mining.
Economy fell 1%, thus completing its second consecutive fall and the sixth of the year.
With the negative Imacec of -1%, Rodrigo Montero alerts for serious structural problems in mining and employment in Chile. The hard entry hit the Chilean economy: «It is getting very uphill from the track» to GDP was first published in Future Chile.
The Chilean economy recorded a new fall, this time of 1% during August compared to the same month of the previous year. The figure was confirmed by the Central Bank through its report of the Monthly Economic Activity Index (Imacec).With this result, the indicator accumulated its second consecutive contraction in Read more... from Confirmed by Central Bank: Chilean economy falls for the second consecutive month and this is the reason The entry Co…
Economic activity declined 1.0% annually and 0.7% compared to July, with a fall of 17.4% of mining. Between January and August, six months recorded year-on-year contractions, while non-mining Imacec grew 1.4%.
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