Chile’s economy grew 1.6 percent in 2016

Chile’s economy contracted 0.4 percent in the final quarter of 2016 compared with the preceding quarter, the central bank said on Monday, as weakness in mining and business services contributed to a worse-than-expected performance. Compared with a year earlier, fourth-quarter growth was 0.5 percent, taking the full-year 2016 growth to 1.6 percent. Mining in Chile, […]