UPDATE 1-Chile’s economy stabilizing, cenbank chief says

n n n ‘. concat(e. i18n. t(“search. voice. recognition_retry”),’n

(Updates with more details)

SANTIAGO, Dec 6 (Reuters) – Chile’s economy is stabilizing after a rocky past few months, central bank chief Rosanna Costa said on Wednesday, pointing to third-quarter growth that beat forecasts and positive IMACEC economic data for October.

The Andean nation’s economy has been losing steam following an immediate recovery from the COVID-19 pandemic, which triggered a surge in inflation and upcoming financial restrictions.

Chile has grown

0. 6% in the third quarter

on an annual basis, while Chile’s IMACEC

Economic Activity Index

It increased by 0. 3% in October from a year earlier. (Reporting by Fabian Cambero; editing by Leslie Adler)

Leave a Comment

Your email address will not be published. Required fields are marked *