Chile's Industrial Output Declines and Jobless Rate Rises

Updated on
  • The unemployment rate rose to 6.6% from 6.5% the month before
  • Manufacturing rose 0.7% Y/y vs est. 1.3%; Retail Sales Up 2.9%

Chile’s industrial production fell in July from the year earlier as mining output contracted, while the jobless rate rose, damping hopes that domestic demand would help growth accelerate later this year.

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