BLOOMBERG/ R. Woods
Chile reported its biggest expansion in 15 years...in Q1...with a blazing 9.8%.
It easily outpaced other LatAm economies as it recovered from a mammoth earthquake.
But there are also dangers of overheating.
“Chile’s expansion is re-accelerating this year, thus keeping the economy in the overheating territory,” says Moody's. “The increasing excess demand and the consequent rebound in inflation and imports are genuine signs of an overheated economy.”
Retail sales expanded by 16% in January, 17% in February and 16% vs March 2010.
Popular Posts
- BRASIL: 08 Feb UPDATE: Fire In Rio's "Samba City" Destroys Many Carnaval Floats.
- SERBIA / LIBYA : Are Serbian Mercenary Pilots Bombing Protestors In Tripoli?
- BOLIVIA : Sole Plane Crash Survivor Describes Ordeal: Drinking Urine, Eating Bugs.
- COLOMBIA: CAUGHT: 11-year-old Smuggling 74 Cell Phones And Gun Into Medellin Prison.
- BRASIL: Judge Stops Critical S. Paulo Airport Expansion Over Improper Bids.
- SPAIN: 20 Arrested After Baggage Fees Riot On Ryanair.
- MEXICO : The Tragic Decline of Industrial Powerhouse Monterrey.
- AUSTIN / FRANCE / MEDIA : Lance Armstrong Denies Bullying Others; Claims People Will Forgive Him...Like Bill Clinton.
- SERBIA / SPAIN / USA : Djokovic Wins US Tennis Open, Beating Nadal; Ranked #1.
- ARGENTINA / FRANCE : 13 Sept UPDATE: DNA Results Show Vera And Lasi Killed 2 French Students In Salta.