Chile’s manufacturing production increased by 5.0% year-over-year, significantly higher than the previous growth rate of 2.0%. This marks an absolute increase of 3.0 percentage points, indicating a robust improvement in the manufacturing sector.
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However, the actual growth fell short of the analyst estimate of 6.9%. This discrepancy may lead to a mixed reaction in the stock market, with industrial and manufacturing stocks potentially experiencing volatility. The shortfall against expectations could temper investor sentiment in the short term, but the overall positive growth may support longer-term confidence in the sector.