According to preliminary information, last June the IMACEC rose 4.2% over June 2012. The seasonally-adjusted series rose 1.0% with respect to the previous month, and 4.6% compared with the same month a year ago. The month came with one less working day than June 2012.
Chilean Gross Domestic Product (GDP) gained 4.1% year on year in the
first quarter of 2013, Chilean Central Bank reported on Monday. On the same statement, the institution informed GDP from the fourth quarter 2012 was up 0.5 %, resulting in an
annualized growth rate of 2.0%. Analysts were expecting GDP to
come in at 4.5 %.
After it's monthly monetary meeting, the Chilean Central Bank decided to keep the monetary policy interest rate at 5% (annual). The board of the institution based it's decision in the improvements showed by the international financial conditions.
AES Gener presented it's financial information for the three first months of the current year. In this period, the company registered earnings of USD $62 million in the same period, 34% lower than the net income of USD $93 million in the same period in 2012. At the same time, it reported an EBITDA of US$167 million, which represents a decrease of 10% over the first quarter of 2012, principally the result of lower gross profit in 2013.
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