May 7, 2018 / 11:52 AM / a year ago

Chile economic activity strongest in five years

SANTIAGO, May 7 (Reuters) - Chile’s economic activity rose 4.6 percent in March from the same month a year ago, its sharpest rise in five years, with a boost from rising consumption and a strengthening mining sector, the central bank said on Monday.

The IMACEC economic activity index, encompassing about 90 percent of the economy tallied in gross domestic product figures, came in above a Reuters forecast of a 4.0 percent increase.

Compared with February, economic activity increased a seasonally adjusted 0.5 percent.

Reporting by Dave Sherwood Editing by Chizu Nomiyama

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