Tag: chile economy

RIO DE JANEIRO, BRAZIL - Mining firms in Chile, the world’s No.1 copper producer, are cheering a rally in the price of the red metal that hit a 10-year high this week, but warned that costs could rise as...
RIO DE JANEIRO, BRAZIL - Chile ranks no. 1 in Latin America as the country with the most potential to attract foreign investors, according to the 2021 Milken Institute Global Opportunity Index. The annual assessment uses 96 variables including macroeconomic...
RIO DE JANEIRO, BRAZIL - Chile’s National Institute of Statistics (INE) reported that the country’s Mining Production Index (IPMin) fell by 9.3% in December 2020 when compared to December 2019. According to the INE, the fall is a consequence of...
RIO DE JANEIRO, BRAZIL - Chile’s unemployment rate further eased to 10.3% between October and December, the government said on Friday, January 29th, remaining nonetheless significantly above the same period the previous year as the coronavirus pandemic continued to...
RIO DE JANEIRO, BRAZIL - The Chilean government on Tuesday, January 19th, unveiled a plan to encourage transition from fossil-fuel taxis to electric-powered ones, with the participation of Chinese company BYD. "Today, taxi drivers face major hurdles in accessing electric...
RIO DE JANEIRO, BRAZIL - Inflation rate in Chile increased by 0.3 percent in December, rising to 3 percent for the year 2020, said the National Institute of Statistics (INE) on Friday. In the last month of 2020, there was...
RIO DE JANEIRO, BRAZIL - Chile posted a trade surplus of US$1.423 billion in December, the country's Central Bank said on Thursday, January 7th, boosted by a surge in the value of its copper exports. Copper export revenue jumped 6.7%...
RIO DE JANEIRO, BRAZIL - Business activity in Chile rose by 0.3 percent in November 2020 compared to the same month in 2019, marking the first increase since the novel coronavirus pandemic broke out there in March, the Central...
RIO DE JANEIRO, BRAZIL - Chilean copper commission Cochilco said state miner Codelco, the world’s top copper producer, saw production rise 7% year on year in November to 166,100 tonnes, while production at BHP´s Escondida, the world’s largest mine,...

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