Chile’s central bank governor laments ‘weak performance’ of economy
Rodrigo Vergara recognises a slowdown in the economic activity
Rodrigo Vergara, governor of the Central Bank of Chile, yesterday told the Senate of Chile the latest economic data and projections "reveal [the] weak performance" of the country's economy.
When presenting the latest monetary policy report, Vergara revealed that annual GDP growth for this year is now expected to be between 1.75% and 2.25%, instead of the 2.5%–3.5% estimate presented in June.
In the document, released yesterday, the central bank also raised its inflation projection from from 4%
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