Chile's industrial production rose less than expected in July after shrinking in the two previous months. Output expanded 3.0 percent in July from the same month a year earlier, the National Statistics Institute said today in Santiago.
Industrial sales rose 2.1 percent in the same period, less than median estimate of seven analysts for a 4.1 percent rise. According to a separate release Chile's jobless rate was unchanged at 8.4 percent. The peso strengthened for a second day, rising 0.8 percent to 515.75 per dollar at 9:44 a.m. Santiago time.
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Thursday, August 28, 2008
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