Chile’s GDP shrinks by 2.1% in Q4-2019

Chile’s Central Bank reported that during the fourth quarter of last year, the economic activity dropped by 2.1%, accumulating a GDP expansion of 1.1% in 2019. Thus, national activity, hit in the last quarter by the social crisis in October, posted its worst quarterly decline since the second quarter of 2009, when the economy fell 3.3%.

Source: EMOL