08 Jan 2019, Radoslav Yordanov, EMIS Editor
Chile’s economic activity growth beats expectations in November
The positive performance recorded in November was mainly driven by the mining sector, which increased 5.5% y/y and 10.4% m/m due to higher copper production.
Considering that the Chilean economy grew more than expected in November, CEEMarketWatch expects the local GDP to be close to 4% in the end of 2018. This source also said that there is a 90% chance that the central bank raises its interest rate 25bps this month.
Sign in and read the full article in emis.com, and find out more about EMIS. Original source: CEEMarketWatch - Daily News