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Chile data paints mixed picture for economy

Economic data published on Friday painted a mixed picture for Chile’s economy, the world’s No 1 copper producer, as factory output and copper production jumped while retail sales remained soft and the national jobless rate rose.

“This is data that reflects the complexities faced by the economy and we have to address this,” said President Michelle Bachelet. “The government has taken measures to promote investments, elevate our productivity … We are all called to help out with this task,” Bachelet added.