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GDP beats, Smaller Trade Deficit Than Expected

CHILE

Chile 3Q GDP comes in 5.2% Q/Q vs 4.9% Est. This improved the y/y figure slightly to -9.1% against -9.2% expectations.


Trade Balance printed a small deficit of $25m against an expected deficit of £1.4 billion.


In other news:

  • Lundin Copper Workers rejected the latest wage proposal as the disputes continue at Cadalaria.
  • 1300GMT - Constitution Committee of the Senate will vote on a bill that would allow early pensions fund withdrawals for the second time this year.

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