Chile's consumer inflation was up 0.6% in June, the biggest increase in eight months and slightly above expectations as costs jumped for accommodation, electricity, fuel products and water, the government said on its latest stats report.
Growth in Chile's export-dependent economy will slow to 4.6% this year due to softer copper prices, investment and domestic demand, the IMF said in a report posted on the central bank's website earlier this week. In April, the IMF projected the economy of the world's leading copper producer would expand by 4.9% in 2013.
The order handed down on Tuesday by the Appeals Court of New York's Second Cirtcuit does not affect the appeal that the Argentine government is pursuing in the case against the investment funds (‘vulture funds’), according to the Argentine Economy Ministry.