(Bloomberg) -- Chile's peso weakened after the
economy expanded at a lower-than-expected rate in May, reducing
the likelihood of an interest rate increase next week.
Chile's economy grew 4.8 percent in May from a year
earlier, the central bank said today on its Web site. South
America's fifth-biggest economy grew less than the 5.5 percent
median forecast in a Bloomberg survey of 16 economists. Chile's
economy expanded 6.6 percent in April.
Read more at Bloomberg Currencies News
economy expanded at a lower-than-expected rate in May, reducing
the likelihood of an interest rate increase next week.
Chile's economy grew 4.8 percent in May from a year
earlier, the central bank said today on its Web site. South
America's fifth-biggest economy grew less than the 5.5 percent
median forecast in a Bloomberg survey of 16 economists. Chile's
economy expanded 6.6 percent in April.
Read more at Bloomberg Currencies News
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