Chilean manufacturing fell 8.2% in August while copper production fell 5.5% YoY

Manufacturing in Chile fell 8.2% in August affected by a decline in food processing amid the impact of the pandemic, according to the government. The National Institute of Statistics (INE) also reported that copper production, of which Chile is the world's largest producer, fell 5.5% year-on-year to 489,461 tons in August. With this figure, the extraction of the metal still accumulated a rise of 0.6% between January and August, to 3.8 million tons.

Spain and Chile advocate strengthening their alliances in the agri-food sector

In a virtual meeting focused on the agri-food sector, the logistics chain and distribution representatives of Spain and Chile have advocated strengthening their alliances in the agri-food sector as complementary partners and to open markets in a globalized context marked by the pandemic. The association between the two countries is also strategic as a "platform" to access the respective continents, so that Spain can be a gateway for Chilean products to enter Europe and, in turn, Chile can facilitate access for Spanish exports to other nations in America and even access to Pacific destinations, such as China or Vietnam.

Ventus acquires Trina Solar contract for 16 MWp of PV in Chile

Uruguay-based renewables developer and contractor Ventus Ingenieria SA said it has recently been hired by Chinese solar panel maker Trina Solar Ltd to build 16 MWp of photovoltaic (PV) parks in Chile. Ventus Energia is tasked with engineering development, construction and commissioning of the 3-MWp La Foresta, the 3-MWp Villaprat and the 10-MWp San Ramiro projects. All three projects will be built simultaneously and that the plants are expected to be operational before the year ends.

Unemployment in Chile fell 12.9% in the quarter to August

According to the government, unemployment in Chile fell slightly to 12.9% in the quarter to August compared to the previous three months but remained at the highest levels in a decade, affected by the impact of COVID-19 on the economy. The record in August is 5.3% points higher compared to the same period of the previous year, specified the National Institute of Statistics (INE). The fall in employed persons is equivalent to the loss of roughly 1.7 million jobs.