Economy of Chile witnessed an upward trend in November 2020: Central Bank of Chile

The Central Bank of Chile has said that that economic 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 here in March, 2020. 

According to the bank’s preliminary figures, the Monthly Index of Economic Activity (Imacec) increased 1.1 percent compared to the previous month, driven mainly by trade. 

Trade registered an annual increase of 15.3 percent in November, partially offset by a 12-month fall in the services sector, which dipped 2.3 percent, and in the production of goods, which decreased 1.3 percent .

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