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Economy & Business - August 2008 (ISSN 1741-7430)

CHILE: Economy faring a bit better

On 5 August the central bank reported that the Imacec index of economic activity (which is a good proxy for GDP) rose 5.0% year-on-year in June 2008. This figure was well above what independent economists had expected and much higher than the 2.1% year-on-year growth of May.

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