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Santiago . The Chilean economy grew 4.9% from one year to the next in May, a much stronger than expected variation, driven mainly by the mining sector and consolidating the forecasts for the Chilean economy. a positive performance of domestic activity in the second quarter. [19659002] Although the monthly indicator of economic activity (Imacec), released Thursday by the Central Bank, was lower than the 5.9% expansion in April, it was higher than the 4.0% estimated in a Reuters survey. 19659002] Imacec de Mayo, who had a day less work compared to the same month last year, was also favored by the advance of the service and trade sector.
The index that measures mining, in which Chile stands out The largest copper producer in the world grew by 6.9%, while the non-mining Imacec increased 4.7%, the Central Bank said in its monthly report.
The seasonally adjusted Imacec, meanwhile, grew 0% 7% in May and in its year-over-year variation, it scored a 5.2%.
With the performance of the fifth month, economic activity – measured by Imace – rose by 4.7% between January and May. In the first quarter, gross domestic product increased 4.2%.
For the year as a whole, the Central Bank estimated an expansion of between 3.25% and 4.0%
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