Chile Economic Activity Bounces Back on Mining Output Surge
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Chile's economic activity bounced back in March on a surge in mining, while other sectors posted more muted gains as government officials and the central bank warn of a turbulent global outlook ahead.
The Imacec index, a proxy for gross domestic product, rose 0.8% from February, below the 1% median estimate from analysts in a Bloomberg survey. It was the biggest month-on-month increase since last July. Activity gained 3.8% from the prior year, above the 3.1% forecast, the central bank said on Friday.
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