Reported 3 days ago
Chile's economy grew by 0.7% in the third quarter, offering a brief respite for President Gabriel Boric as he faces the reality of a potential decrease in the government's growth forecast for 2024. The growth was driven by an increase in domestic demand and stability in mining and commerce, yet warnings remain about higher unemployment, flat business confidence, and inflation concerns linked to global factors. Analysts predict continued interest rate cuts, although recent inflation data raises doubts about further easing.
Source: YAHOO