"Chile Business Forecast Report Q1 2014" Now Available at Fast Market Research
We continue to expect that 2013 will see a shift in the Chilean economy, and we forecast real GDP growth to fall from 5.6% in 2012 to just 4.3% in 2013 and average 4.0% from 2014-2017, below consensus estimates. This slowdown is attributable to decelerating economic activity in China, which over the next several years will result in weakening real demand for Chilean copper exports and reduced investment into the country's mining sector.
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