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LatinNews Regional Monitor: Brazil & Southern Cone - 21 May 2019

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In brief: Chile

* Chile’s central bank (BCCh) has released new figures which show that GDP grew by 1.6% in the first quarter of 2019, compared with the same period in 2018. This was less than economists were forecasting. According to the BCCh figures, mining output was down 3.6% compared with the first quarter of 2018 due to decreased copper production, while agriculture & forestry output was down 1.2%, among other things. Sectors that experienced growth were construction, trade, and transport, increasing by 2.8%, 2.6%, and 4.2% respectively compared with the same period of 2018.