In January, copper prices dropped 0.2% over the previous month, closing the month at USD 9,720 per tonne (equivalent to USD 4.41 per pound). At the current level, copper prices are barely unchanged from the all-time high USD 9,740 per tonne recorded in December 2010 and are 41.8% higher than in the same month last year. The slight fall in January was mainly due to the fading effects of the supply disruptions in Chile, which pushed prices higher in December. Nonetheless, copper prices remain high on the back of an improving demand outlook, as stronger manufacturing growth in China bolsters metals consumption.
Copper prices remain high in January
February 1, 2011
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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).