End of preview - This article contains approximately 110 words.
Subscribers: Log in now to read the full article
Not a Subscriber?
Choose from one of the following options
Back
LatinNews Daily - 02 March 2021
In brief: Chile’s economic activity plunges in January
* Chile’s central bank (BCCh) has released the latest figures for its monthly index of economic activity (Imacec), according to which economic activity slumped 3.2% year-on-year in January. This is the Imacec’s worst performance in January since records began in 1987. The BCCh says that “the fall in the activities of services and the production of goods” explains this result, somewhat compensated by retail. Commenting on the results Economy Minister Lucas Palacios acknowledged that the Imacec’s slump is bigger than expected, but noted that the seasonally-adjusted Imacec had grown 1.3% compared with December 2020, stressing that “expectations for this year remain positive, we are on the path to recovery”.
- BRAZIL: Exhortations grow for a national Covid-19 response
- ECUADOR: Pérez turns to TCE as last resort
- In brief: Central bank reform bill rejected by Ecuador’s congress
- In brief: Brazil sees small trade surplus in February
- EL SALVADOR: Opposition recognises defeat
- In brief: Panama’s GDP slumps in 2020
- MEXICO: Biden and López Obrador hold virtual meeting
- In brief: Mexico’s Banxico announces more dollar auctions
- ARGENTINA: Fernández stokes uncertainty, political division
- In brief: Chile’s economic activity plunges in January