LatAm Daily | We expect activity in Chile to have increased by less than 1.5% YoY in April
Published on Tuesday, May 31, 2016
LatAm Daily | We expect activity in Chile to have increased by less than 1.5% YoY in April
Manufacturing output declined by 1.2% YoY in April and mining production showed a contraction of 6.2% driven by a strong decline in copper output (-8.2% YoY), while retail sales surged by 7.9% YoY. As a result of this heterogeneity in aggregate figures, we expect Imacec to increase between 1% and 1.5% YoY in April.
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