Thursday , February 9 2023

Chile in the third quarter of 2018 leads the Pacific Alliance to increase the country's growth


In the midst of a weak export scenario, the Gross Domestic Product (GDP) of the countries that make up the Pacific Alliance, Mexico, Colombia, Chile and Peru has slowed in the third quarter, with the best performance in the local economy.

On Monday, the Central Bank reported that Chile's Gross Domestic Product (GDP) slowed in July and September, with an increase of 2.8%, compared to increases of 4.5% and 5.4% registered for the first time, and the second quarter, respectively.

This figure, the positive behavior of investment, grew by 7.1% in the second quarter of 2013 and compared the export brakes.

Meanwhile, Friday, the Mexican National Statistics and Geography Institute (INEGI) has indicated that the growth of the economy increased by 2.5% between July and September, compared to the same period of 2017, 2.6% less than in the second quarter; That is, boosting the 3.2% growth of the third sector, including 60% of GDP and retail and services.

The period for negotiating the NAFTA for last year's Foreign Trade (NAFTA) and the first announcement of the Mexican president, Andrés Manuel López Obrador. December 1

In the case of Peru, the National Statistics and Computer Institute (INEI) has indicated that the growth of the economy has increased by 2.3% in the third quarter, which is compared to the increase of 3.2% in the first and second quarters. and 5.5%, respectively.

As happened in Mexico, there was an increase in private consumption and investment in the midst of export weaknesses.

On the other hand, last week, the National Statistics Department (DANE) reported that the Colombian economy had a year-on-year growth of 2.7% in the third quarter, April and June, a fall of 2.8% and the average market expectations, but the sectors that were recruited were recovered.

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