The Chilean economy grew at 2.9% yoy in December and 2.7% in January - both figures arebelow trend - as a base effect sharply pulled up export growth.
However, growth has limited upside in the medium term as the outlook for external demand remains challenging and investment in the mining sector continues to fall.
Societe Generale notes ...
The Chile's economy will likely grow below trend in 2015.
Commentary
Chile's economy still growing below trend
The Chilean economy grew at 2.9% yoy in December and 2.7% in January - both figures arebelow trend - as a base effect sharply pulled up export growth. However, growth has limited upside in the medium term as the outlook …
Related articles
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed
Gold prices edged lower on Monday as stronger-than-expected U.S. nonfarm payrolls data dampened hopes for aggressive Federal Reserve rate cuts, bolstering the dollar. Spot gold slipped 0.1% to $2,686.32 an ounce, while F…
FxWirePro- Bitcoin Whales accumulation (positive for Bitcoin)
On-chain data shows BTC whales moved 10000 BTC from Crypto exchanges. This indicate accumulation of BTC by whales. Japanese public company Metaplanet buys another 1 billion yen worth of Bitcoin. According to Santiment, t…
U.S. personal income and spending rose less than expected in August
Personal income increased by 0.2% month over month In August, which was less than the 0.4% market forecast and less than the 0.3% growth in July. For the third consecutive month, real personal disposable income increased…
