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Economy / Chile

Macroeconomic Forecast Chile

June 2008 | Macroeconomic Forecasts
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Chile's IMACEC economic activity index rose to 4.8% y-o-y in April, exceeding expectations, following a month of six-year low growth. This is an encouraging development in light of the 20-day strikes at Chile's largest copper mines, and helps to mitigate concerns about a more pronounced slowdown of the economy this year.