In October, copper prices surged 10.8% over the previous month to USD 7,901 per tonne (equivalent to USD 3.58 per pound), contrasting the 22.5% plunge in September. The print marked the sharpest increase in copper prices this year, on the back of firm Chinese economic data and expectations of an agreement between European leaders to tackle the region's debt crisis. In spite of the October price increase, copper prices remain 3.9% below the same month last year, marking the second year-on-year drop since September 2009. Moreover, copper prices remain well below the record high levels recorded in February this year, when prices reached USD 9,858 by the end of the month.
Copper prices rebound in October
November 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).