Chile's economy shrinks 2.3% in Q4 -central bank


Reuters | Updated: 20-03-2023 17:36 IST | Created: 20-03-2023 17:14 IST
Chile's economy shrinks 2.3% in Q4 -central bank
Representative Image Image Credit: ANI
  • Country:
  • Chile

Chile's economy shrunk 2.3% in the fourth quarter of 2022 from a year earlier, central bank data showed on Monday.

The market expected a 1.6% drop between October and December.

Gross domestic product (GDP) also showed a 0.1% growth from the previous three months in seasonally adjusted terms, whereas economists had expected a 0.6% growth.

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