Chile’s economic activity 1.3% up in September

SANTIAGO – Chile’s economic activity rose 1.3 percent in September from the same month a year ago, slightly weaker than expected, as a rebound in the mining sector was balanced by a slowdown in construction, the central bank said on Monday.

The IMACEC economic activity index, encompassing about 90 percent of the economy tallied in gross domestic product (GDP) figures, came in below Reuters forecasts for 1.5 percent growth.

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In comparison with August, economic activity decreased a seasonally adjusted 0.1 pct. In the first nine months of the year, accumulated growth was 1.1 percent, its worst performance for the same period since the end of the economic crisis in 2009.

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