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(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)