End of preview - This article contains approximately 117 words.
Subscribers: Log in now to read the full article
Not a Subscriber?
Choose from one of the following options
Back
LatinNews Daily - 05 January 2021
In brief: Chile’s Imacec registers first positive growth
* Chile’s central bank (BCCh) has released its monthly index of economic activity (Imacec) for November 2020 which shows 0.3% growth year-on-year – the first month to have registered positive year-on-year growth since the onset of the coronavirus (Covid-19) pandemic in March. In seasonally-adjusted terms, growth in November was 1.1% compared with the previous month. According to the BCCh press release, growth was driven by trade which was up 15.3% year-on-year while services and the production of goods fell 1.3% and 2.3% respectively. In its latest (December 2020) forecast the United Nations Economic Commission for Latin America & the Caribbean (Eclac) forecast that Chile’s GDP will contract 6% in 2020 and grow 5% in 2021.
- ECUADOR: Presidential ballot confirmed, but controversy continues
- In brief: Venezuela allows foreign currency bank accounts
- BRAZIL: Opposition closes ranks against Bolsonaro in congress
- In brief: Brazil posts solid trade surplus for 2020
- GUATEMALA: Calls for high-profile judge to face legal action
- In brief: El Salvador’s economy shows signs of recovery
- MEXICO: López Obrador makes Assange asylum offer
- In brief: Mexico’s López Obrador upbeat about economic recovery
- ARGENTINA: Fernández’s approval continues to fall
- In brief: Chile’s Imacec registers first positive growth