* Chile’s national statistics institute (INE) has released the latest figures for its index of industrial production (IPI), which fell 2.0% year-on-year in April. This result was driven by a negative performance in one of the three sectors which make up the IPI with the INE recording a 6.4% year-on-year drop in manufacturing. However, mining production was up 2.5% year-on-year while the production of electricity, water, and gas was up 1.7%.