Pantheon Macroeconomics - Chile's economy appears to have gathered momentum in February with the Imacec index, a proxy for GDP, increasing 2.8% year-over-year, up from a modest 0.1% contraction in January and its fastest pace since January 2015. Activity was driven mainly by expansion in services, mining and retail commerce activities.

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6 Apr. 2016 Recession Risks Ease in Chile as Underlying IMACEC Stabilizes

By Andres Abadia

Chile's economy appears to have gathered momentum in February with the Imacec index, a proxy for GDP, increasing 2.8% year-over-year, up from a modest 0.1% contraction in January and its fastest pace since January 2015. Activity was driven mainly by expansion in services, mining and retail commerce activities.

Posted: 6th Apr 2016 in 'Latin America Documents'

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