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Chile: Economic activity decelerates in August
Latest reading: Economic activity increased 0.5% in annual terms in August, following a 1.8% rise in the prior month. The reading was the worst in six months.
Relative to the prior month’s data, readings in August softened for mining (-8.6% yoy vs -3.3% in July) and non-mining (+1.7% vs +2.5% in July).
In seasonally adjusted month-on-month terms, economic activity declined 0.7% in August, following a 0.9% increase in the prior month.
