Chile´s Growth Accelerates

Chile´s economy grew 6.5 percent year-on-year in the second quarter as the country benefited from record copper prices. The price of copper, which accounts for 6.3 percent of the Chilean economy, rose 3.1 percent in the quarter, helping boost the value of the country’s exports almost by a quarter. The economy was also helped by rising consumer demand, which was up 11.2 percent in the quarter.