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Published on Friday, August 5, 2016 | Updated on Sunday, July 15, 2018

Chile | IMACEC of 0.8% YoY: Close to a technical recession

IMACEC of June goes in line with our expectations showing the economy expanding annually at a modest 0.8%. (BBVAe 0.6%; EEE 1.5%). However, in seasonally adjusted terms, the economy has half the work done to enter a technical recession by contracting 2.6 % QoQa.