Industrial production rises three percent in Chile

The Chilean industry rose three percentage points due to an increase in the production of food, chemicals and wood, among other products.

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The National Statistics Institute of Chile (INE) has presented the industrial activity figures which show a 3% growth during September this year compared to the same month in 2009.

According to the statistics institute, just as in previous months, the growth is explained by the recovery of internal and external demand from various industries that were affected last year by the international crisis, such as the food and drinks sector, the manufacturing of chemical products, and timber production and related products.

However, the numbers failed to reach the level expected by specialists (5%), since after the earthquake of February 27, there still are industries which have not been able to recover the production levels they had before the event, such as common metals production, the manufacturing of rubber and plastic and the manufacturing of paper and paper products.

Industrial sales grew 5.9% in twelve months, accumulating a negative variation of 0.5% in 2010 compared to the same period in 2009.