ECONOMIC NEWS
Chile’s economic activity up 1.3% in June from year ago: central bank By Reuters
SANTIAGO (Reuters) – Chile’s economic activity rose 1.3% in June from the same month a year ago due to slow expansion in the country’s key mining sector, the central bank said on Monday.
The reading was below market expectations of 2.4% growth.
Mining activity in June rose a scant 0.3%. Non-mining activity grew by 1.4%, the bank said.
The IMACEC activity index encompasses about 90 percent of the economy tallied in gross domestic product figures. The index was unchanged from May, the bank said.
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