Chile's Growth Continues To Slow

Chile's Growth Continues To Slow

Chile

Chile's GDP grew by 2.9% in the third quarter of the year, leading economists to predict that the pace of economic expansion in 2006 may be the slowest in three years. Growth has slowed from 5.3% in the first quarter of the year, to 4.5% in the second quarter. Forecasts of 4.5% GDP growth over the year compare with a 6.3% rise last year. Higher lending rates, rising energy prices and interruptions to mining production (one of the main engines of the country's economy), have all contributed to th

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