Eurozone fallout reaches Chile, where industrial output unexpectedly declined 0.8% in October...
Eurozone fallout reaches Chile, where industrial output unexpectedly declined 0.8% in October against an expected increase of 4%. As open of a trade economy as you will find, Chile is especially vulnerable to overseas shocks. Of course no discussion of Chile can go by without mentioning copper and thus mentioning China, so maybe the blame doesn't all go to Europe. ECH -30% YTD.
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