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Chile GDP Growth Rate YoY
The services industry is the most important sector of the Chilean economy. 56% of the GDP goes to trade, restaurants, and hotels, transportation, communications, financial and commercial services, real estate. Miner output accounts for 13% of total output, with copper accounting for the largest share of that percentage. Manufacturing generates 12% of the nation's wealth, followed by construction and water, gas, and electricity distribution which generate 11%. The government accounts for 5% of total output, with the remaining 3% coming from the agriculture and fishing industries.
A higher than expected figure should be seen as positive (bullish) for the CLP while a lower than expected figure should be seen as negative (bearish) for the CLP.
Source:
Banco Central de Chile
Category:
GDP Annual Growth Rate
Units:
Percent
Latest Release
Previous:
2%
Consensus:
3.7%
Actual:
4%
Next Release
Date:
May 19, 12:30
Time left:
20 days
Consensus:
2.2%
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