Posted 1/2/2024, 2:32:58 PM
Chile's Economy Shows Signs of Recovery, Boosting 2024 Growth Prospects
- Chile's economic activity expanded more than expected in November, supporting President Boric's forecast of stronger growth in 2024
- Mining and services drove the growth in November
- Finance Minister says Chile likely avoided recession in 2023
- Boric says economy will grow strongly in 2024, propelled by jobs and investment
- Central bank's interest rate cuts, slowing inflation, and new mines boost 2024 prospects