Economics
Chilean Economy Unexpectedly Grew in December from Year Earlier
- Economic activity grew 1.1% y/y in December vs est. -0.5% y/y
- Three months of unrest had left economy on verge of recession
The silhouettes of pedestrians are seen passing in front of the Santiago Stock Exchange in Santiago.
Photographer: Cristobal Olivares/BloombergThis article is for subscribers only.
Terms of Trade is a daily newsletter that untangles a world embroiled in trade wars. Sign up here.
Chilean economic activity expanded year-on-year in December for the first time in the last quarter of 2019 despite a wave of anti-government protests that shuttered stores and spooked investors.