Chile's economy recorded its biggest quarterly contraction since the beginning of the Covid pandemic, after both annual inflation and the benchmark interest rate reached multi-decade highs, affecting businesses and households.
The Gross Domestic Product (GDP) fell by 1.2% in the third quarter compared to the previous three months, which contrasts with the median estimate of a 1% decline by analysts surveyed by Bloomberg. In the interannual comparison, the economy . . .
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