Updated on 03/02/2020 at 23:39
–
The dollar price in Chile the day began to rise in a context that the Chilean economy grows 1.1% in December despite the impact of social crisis.
The exchange rate It is quoted at 798.85 Chilean pesos per dollar, according to information from Bloomberg. This number is greater than 788.13 negotiated at the end of the previous session, according to data from the same entity.
The Chilean economy surprised the market with a 1.1% expansion in December, driven by mining, after two months marked by the collapse caused by the social crisis that broke out in October, the Central Bank reported Monday.
The Monthly Economic Activity Index (Imacec) of December, which anticipates the calculation of the Gross Domestic Product (GDP) that will be disseminated in March, surprised with the 1.1% increase in relation to the same period of 2018, while compared to previous month there was a growth of 3.5% and 0.6% in twelve months.
“The mining Imacec increased by 3.7%, while the non-mining Imacec increased by 0.8%. The latter was explained by the performance of construction and manufacturing industry activities, ”says the report of the monetary entity.
The expansion of the last month of the year surprised the market, which expected a drop of around 1%.
With preliminary data, the local economy would have closed 2019 with an annual growth of 1.2%.
– .
