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Chile’s GDP Grew 0.2% in Second Quarter Amid Investment Decline

Chile’s economic growth slowed in in the second quarter as a downturn in investment in the mining industry spread to consumer spending.

Gross domestic product rose 0.2 from the previous three months, when the economy expanded a revised 0.6 percent, the central bank said on its website today. The median forecast of nine economists surveyed by Bloomberg was for growth to stall in the second quarter. GDP expanded 1.9 percent from the year earlier, compared with analyst estimates of 1.8 percent.