Chile Manufacturing Output Shrinks
News Event
From Trading Economics: Manufacturing production in Chile went down 6.9 percent year-on-year in October of 2016, following a 1.4 percent increase in the previous month and worse than estimates of a 1.0 percent increase. It is the biggest contraction since March of 2010, driven by falling food production (-9.8 percent from +2.7 percent in September), namely frozen salmon and trout after last year’s Calbuco volcano eruption destroyed the biomass.…
