In March, copper prices dropped 1.2% over the previous month to USD 3.85 per pound (equivalent to USD 8,480 per tonne), losing the ground gained in February on the back of concerns over prospects for demand from China. The March reading contrasted the 1.2% increase in February which marked the highest end of month value since August 2011. As a result of the monthly drop, copper prices are still 9.8% below the value observed in the same month last year, slightly up from the 12.9% annual drop recorded in February. The annual decline marked the seventh consecutive negative reading, as dim global growth prospects dampen demand for copper.
Copper prices drop in March
April 1, 2012
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Chile Economic News
October 12, 2016
In September, the Adimark GfK consumer confidence index (IPEC, Índice de Percepción de la Economía) rose slightly, inching up from August’s record-low of 31.5 points to 33.4 points.
October 7, 2016
In September, consumer prices rose 0.2% over the previous month, which came in above August’s flat reading.
October 6, 2016
In Q3, the mood among Chilean businesses improved and reached the highest level in a year.
October 5, 2016
For a third consecutive month, the mood among Chilean businesses improved in September after it had fallen to the lowest level in over seven years in June.
October 5, 2016
In August, economic activity rose 2.5% over the same month last year, according to the monthly indicator for economic activity (IMACEC).