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Bloomberg reported that, while much of the rest of the world is in economic crisis, Chile continues to grow beyond analyst expectations, in part due to a robust copper industry.

Bloomberg reported that, while much of the rest of the world is in economic crisis, Chile continues to grow beyond analyst expectations, in part due to a robust copper industry.

As quoted in the market report:

Chile’s economy was one of the 10 fastest-growing in the world for the first half of this year. The economy in 2012 will expand “slightly” more than 5 percent, said Larrain. Falling unemployment, rising wages and growing investment are driving expansion, even as the Euro regions struggles to resume growth and the so-called fiscal cliff threatens to tip the U.S. into recession, he said.

To view the whole Bloomberg report, click here. 

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