RIO DE JANEIRO, BRAZIL - Industrial production in Chile marked a year-on-year drop of 1.1% last January, mainly due to the decline in the mining sector, the National Statistics Institute (INE) published on Monday.
According to the agency's analysis, mining, the heart of Chile's economic engine, suffered a drop of 6.3% in the last twelve months and metallic mining, in particular, decreased by 8.1%, "as a result of a drop in copper extraction and processing".
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