Democratic Underground Latest Greatest Lobby Journals Search Options Help Login
Google

Chile March Economic Growth Is Fastest Since 1998

Printer-friendly format Printer-friendly format
Printer-friendly format Email this thread to a friend
Printer-friendly format Bookmark this thread
This topic is archived.
Home » Discuss » Topic Forums » National Security Donate to DU
 
Quetzal Donating Member (1000+ posts) Send PM | Profile | Ignore Thu May-06-04 04:40 AM
Original message
Chile March Economic Growth Is Fastest Since 1998
Edited on Thu May-06-04 04:50 AM by Quetzal
Chile March Economic Growth Is Fastest Since 1998 (Update1)

May 5 (Bloomberg) -- Chile's economy expanded in March at its fastest monthly rate in almost six years as manufacturers boosted output to keep pace with stronger sales at home and overseas.

The economy expanded an estimated 6.3 percent in March from a year earlier, after a 4.2 percent expansion in February, the Santiago-based central bank said. It was the fastest monthly growth since April 1998, when the economy expanded 7.35 percent.

The monthly figure, which takes into account almost all of the economic activity included in the gross domestic product, would bring first-quarter GDP growth to 4.5 percent, the fastest expansion since the second quarter of 2001.

Chile's economy is strengthening as demand for its exports climbs and after the central bank cut its benchmark lending rate to record low of 1.75 percent, bolstering demand at home.

more...

http://quote.bloomberg.com/apps/news?pid=10000086&sid=a...

Printer Friendly | Permalink |  | Top

Home » Discuss » Topic Forums » National Security Donate to DU

Powered by DCForum+ Version 1.1 Copyright 1997-2002 DCScripts.com
Software has been extensively modified by the DU administrators


Important Notices: By participating on this discussion board, visitors agree to abide by the rules outlined on our Rules page. Messages posted on the Democratic Underground Discussion Forums are the opinions of the individuals who post them, and do not necessarily represent the opinions of Democratic Underground, LLC.

Home  |  Discussion Forums  |  Journals |  Store  |  Donate

About DU  |  Contact Us  |  Privacy Policy

Got a message for Democratic Underground? Click here to send us a message.

© 2001 - 2011 Democratic Underground, LLC