Chile’s economic activity decreased 11.3% in August

Chile’s economic activity plunged 11.3% in August from the same month a year earlier. According to the Central Bank, deeper than forecasts of an 8.5% drop as Chile grapples to recover from COVID-19. The country’s IMACEC economic activity index , which encompasses about 90% of the economy tallied in gross domestic product figures, was up 2.8% in August.

Source: Reuters