SANTIAGO: Chile’s economic activity expanded more than expected in November on gains in mining and services, supporting President Gabriel Boric’s forecast of a rebound in growth in 2024 after a year of stagnation. The Imacec index, a proxy for gross domestic product, rose 0.3% from October, above the 0.2% median estimate of analysts in a Bloomberg survey.
The index increased 1.2% from the prior year, the central bank reported on Tuesday.
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