Chile’s economic activity grew a record 20.1% in June compared to the same month last year, due to the adaptation of productive sectors to the pandemic and at the low rate of comparison, reported the Central Bank.
The Monthly Index of Economic Activity (Imacec) for June – which advances the subsequent calculation of GDP – is placed above market expectations, where an expansion of between 16% and 19% was anticipated, amid the gradual relaxation of sanitary restrictions imposed by the pandemic.
According to a statement from the Central Bank reproduced by the newspaper Third, “All the components of Imacec grew compared to the same period of the previous year, highlighting the contribution of service activities”.
In turn, he explained that this result is due to the “greater adaptation of households and companies to the health emergency associated with COVID-19 ″.
In this way, Chile closed the first semester of 2021 with an accumulated growth of 8.91%. In the second quarter of the year, on the other hand, growth was 17.4%.
It should be noted that the expansion of the Chilean economy comes against the background of the economic recovery that is taking place, especially in the quarantine zone, after long months of quarantine.
To this must also be added the boost given by the fiscal aid plans, from bonds to subsidies, and the historic price of copper.
With information from the AFP agency and the newspaper La Tercera