Magallanes Region, in the extreme south of Chile, was the region with the strongest economic activity during the third quarter compared to the same period a year ago. Magallanes was closely followed by the regions of Tarapacá and Atacama to the north of the country, according to the latest release from the stats office, INE.
The extreme south region expanded 15%, Tarapacá, 12.4% and Atacama, 9.2%, compared to the national Chilean average for the third quarter of 1.6%.
At the opposite extreme were the regions of Los Lagos, down 4.9%; Arica and Parinacota, both with negative growth of 4.7%.
The Antofagasta region managed to cut a negative streak of several quarters, with a 2.9% growth in the July September, helping to moderate the last twelve year performance to minus 0.4%.
The whole detail of performance follows, Tarapacá (12,4%), Antofagasta (2,9%), Atacama (9,2%), Valparaíso (0,9%), O’Higgins (8,0%), Maule (4,8%), La Araucana (2,9%), Los Ríos (0,5%), Aysén (2,5%) and Magallanes (15%). At the opposite end, Arica and Parinacota (-4,7%), Coquimbo (-1,8%), Biobío (-0,5%) and Los Lagos (-4,9%).
SANTIAGO – Chile’s Catad’Or Wine Awards will be held on Monday in Santiago with 635-sample record exhibition and a new section dedicated to Latin America. The 22nd edition of great annual wine festival, scheduled from […]
SANTIAGO – Copper prices lost ground in April, compounding the slight fall observed in March. Copper prices averaged U.S Dollar 2.58 per pound (equivalent to $5,682 per ton) in April, representing a 2.5% monthly decline […]
MEXICO CITY – Mexico has expelled the North Korean ambassador in protest over Pyongyang’s latest nuclear test which it says posed “a grave risk for peace.” Ambassador Kim Hyong Gil was declared persona non grata […]
