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Chile Says Manufacturing, Copper Output Down in November

RIO DE JANEIRO, BRAZIL - Chile's manufacturing output dropped 1.7% year on year in November, government statistics agency INE said on Thursday, December 31st, falling short of expectations as the coronavirus pandemic continued to weigh heavily in the world's top copper producer.

The country's copper output fell 2.1% to 493,538 tons in November, the agency said. Chile's total copper production through November hit 5.29 million tons, an increase of 0.2% over the same period in 2019.

Manufacturing output was hit hardest by a sharp drop in the production of chemicals in November . . .

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