Retail and Mining Sectors Boost Chile’s Economy, ETF
Sunday, January 24th, 2010
Tom Lydon (ETF Trends) submits:
Chile can thank two sectors in particular for the surprise rate of growth it logged in November. The production in those sectors also helped fuel the country’s ETF in the last year.
South America’s fifth-largest economy expanded on the strength of mining and retail industries, with a 3.1% growth estimate for the month of November. Industrial production rose 1%, for the same period, reports Sebastian Boyd for Bloomberg.
