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Chile's economic activity misses forecasts in January

BY Reuters | ECONOMIC | 06:36 AM EST

MEXICO CITY, March 2 (Reuters) - Chile's economic activity fell 0.1% in January when compared to a year earlier, central bank data showed on Monday, way below market forecasts as economists polled by Reuters expected a 1.1% expansion.

The IMACEC index, which accounts for about 90% of the Andean country's gross domestic product, registered a 0.2% increase on a monthly basis, the central bank added. (Reporting by Aida Pelaez-Fernandez; Editing by Gabriel Araujo)

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