Latin America Economics

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Latin America Economics Update

20 March, 2017

Chile: Revised GDP data point to economy facing recession

Revised Chilean GDP data confirmed that annual growth slowed to a seven-year low in Q4. They also revealed that the economy contracted from the previous quarter. With a strike at the country’s largest copper mine now in its fifth week, we expect GDP to contract again in Q1, putting the economy in its first technical recession since 2009.

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