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Byline: BARRY WHEELOCK
The Economy:
The country's economic growth slowed in February as retail sales and manufacturing output cooled. The economy expanded 5.6% from a year earlier, compared with 6.2% growth in January, the central bank reported. Economic growth may accelerate in 2005 due to increasing demand for exports and more spending by companies, the monetary institution said.
The country exported US$1.621bn of copper in March, up 16.1% from the same month in 2004, the central bank said. The government copper commission, Cochilco expects copper production of 5.554m tonnes in 2005, up 2.6% from 2004.
Increasing demand from China ...