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Chilean economy recovered after the earthquake totalente

"The last three quarters of last year not only had record numbers of job creation, but also the economy grew about 6%," he told reporters the head of Chile's public finances, Felipe Larraín, commenting on the figures from the Central Bank.

Chilean Finance Minister, Felipe Larraín, said the 5.2 percent growth achieved by the Chilean economy in 2010, "reflects a total recovery from the effects of the earthquake" on 27 February of that year.
"The last three quarters of last year not only had record numbers job creation, but also the economy grew about 6%, "he told reporters the head of Chile's public finance, in commenting on the figures provided by the Central Bank.
The sender said the gross domestic product ( GDP) grew in 2010 by 5.2 percent, with increases of 1.7% in the first quarter, from 6.4% in the second, from 6.9% in the third and 5.8% in the fourth quarter.
The 8.8 magnitude earthquake on 27 February, which was followed by a tsunami left more than half a thousand dead, 800,000 homeless and damages estimated at 30,000 million dollars.
Larraín stressed that the expansion of activity was "a significant increase in consumption, with annual figures of over 10%, and investment, which grew about 19%. "
also stressed job creation, which reached 400,000 jobs last year.
domestic demand, according to the Central Bank grew by 16.4% and investment in gross fixed capital formation by 18.8% did.
Larraín also supported the decision taken Thursday by the Central Bank to raise the monetary policy rate by 50 basis points to 4.0% per year, and said, "we must consider where we came from: from a very low rate of 0.5% (July 2010), which occurred amid the economic crisis.
"We are in a process of normalization that has no great surprise, since we must avoid the great scourge of inflation," he said.
Meanwhile, Economy Minister Juan Andrés Fontaine also welcomed the GDP growth reached Chile in 2010 and was optimistic about a breakthrough "of more than 6 percent" this year.
"We are on track to record a growth of six percent or slightly higher this year "he said.