Chile’s World-Beating Recovery Slows as Jobs, Retail Disappoint
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Chile’s unemployment rate dropped less than expected, while retail sales growth also disappointed, even as the country continued easing Covid restrictions.
The jobless rate fell to 8.5% in the three months through August, above the 8.3% median estimate of analysts surveyed by Bloomberg, the National Statistics Institute reported Thursday. Retail sales rose 25.1%, compared with the 30% forecast, while industrial production and manufacturing also gained less than expected.