Chile’s economy grew less than analysts expected in June, expanding at the slowest pace since the aftermath of an earthquake in February 2010 that devastated the center-south of the country.
The Imacec Index, a proxy for gross domestic product, expanded 0.8 percent from a year earlier, the central bank said today. The median forecast of 14 economists surveyed by Bloomberg was for growth of 2 percent. Economic activity contracted 0.8 percent from the previous month.
