Chile cuts 2014 growth estimate to 3.2 pct

lunes 14 de julio de 2014 11:09 GYT
 

SANTIAGO, July 14 (Reuters) - Chile revised down its forecast for full-year 2014 gross domestic product growth to 3.2 percent from a prior view of 3.4 percent, the country's budget office said on Monday.

Domestic demand, a key driver of the economy, is seen growing at a relatively tepid rate of 1.8 percent, the government said, as investment continues to cool in the world's top copper exporter.

The government predicted annual inflation was likely to end the year at 3.9 percent, just inside the central bank's target 2 to 4 percent range. (Reporting by Antonio de la Jara; Editing by James Dalgleish)