In March, copper prices dropped 4.6% over the previous month, closing at USD 9,400 per tonne (equivalent to USD 4.26 per pound). Prices were down from the USD 9,858 per tonne peak recorded in February, which had marked a record high end-of-month reading. Despite the price drop, copper prices are still 20.0% higher than in the same month last year and are expected to remain high as producers already struggle to meet the current demand. High prices for copper, which accounts for half of the country's total exports, saw export revenues boom and exports expanded 21.7% year-on-year in February. The 3-month sum in exports reached USD 20.4 billion in February, which exceeded the USD 19.7 billion peak recorded in May 2008 for the third consecutive month.
Copper prices moderate in March after reaching record-high
April 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).