Chile's economic activity index up 7.2%, beating forecast

Chile's IMACEC economic activity index, a close proxy of gross domestic product (GDP), rose 7.2% in March from the same month last year, the country's central bank said on Monday.

That was above market expectations of a 6.3% rise, according to a Reuters poll of economists. Chile's economic activity in March was also up 1.6% from a month earlier in seasonally adjusted terms, the central bank added.

Also Read Odd News Roundup: In Chile's capital, a decade of drought makes grass a rare luxury; World's oldest person dies in Japan aged 119 and more