Chile economy slowing mildly, even as consumption, jobs remain firm

Chile's economy showed signs it was continuing to slow mildly in November, with manufacturing output slipping for the fourth month straight, even as consumption and the labor market remained firm. Manufacturing production fell 1.1 percent in November from a year earlier due in part to lower production of some steel and iron products, government data showed on Monday. Retail sales grew at a healthy 9.2 percent pace from a year earlier, government data also showed on Monday. Mining powerhouse Chile is heavily dependent on exports and domestic consumption, so manufacturing and retail sales are closely monitored.

via Business News - Yahoo Finance http://finance.yahoo.com/news/chile-economy-slowing-mildly-even-133135577.html