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Daily News September 8, 2015

Chile’s economy grows 2.5 percent in July Chile’s economy expanded more than expected in July, led by service industries and electric utilities, while exports tumbled to the lowest level in six years in August amid a slump in copper prices. The Imacec index, a proxy for gross domestic product, rose 2.5 percent from a year earlier, the central bank said. Policy makers forecast investment would fall for a second year, even as Chile maintains the lowest real interest rates in the Americas and the government raises spending about 10 percent. Bloomberg reports. Financing crunch leaves Codelco’s investment plans in pieces […]
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