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Chilean agricultural sector projects 0.3% GDP impact and CPI rise following storm damage
La TerceraLO·CL·1 day ago
Intense rainfall in northern Chile has flooded vineyards and destroyed critical irrigation systems, forcing major producers like Capel to suspend operations. The full extent of the damage remains unquantified due to the isolation of affected areas, signaling potential supply chain disruptions for the pisco industry.
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Severe weather in Chile has resulted in significant disruptions, including over 61,000 people isolated and an estimated $400 million in economic damage. Confidence in this assessment is high due to confirmed reports from government officials and news sources. However, the full extent of the damage and potential long-term effects on the economy and infrastructure remain uncertain.