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    "headline": "Chile's Economy Contracts 1.7% in July, Worst Drop Since 2022",
    "dek": "Chile's economy contracted 1.7% in July, the largest monthly decline since 2022, driven by mining disruptions and storms.",
    "prose": "The Chilean central bank reported that the economy contracted 1.7% in July compared to June, the largest monthly decline since 2022. [^1]\n\nChile's Imacec fell 1.5% in July 2026 compared with July 2025, indicating a contraction in economic activity. [^2]\n\nMining activity fell 9.4% in July compared to the previous month, according to the central bank. [^3]\n\nSevere storms temporarily paralyzed some mining operations, contributing to the economic contraction in July. [^4]\n\nThe contraction of 1.5% compared to the same period in 2025 was worse than the -0.6% average forecast by Bloomberg economists. [^5]\n\nChile's unemployment rate is in double digits, according to the article. [^6]\n\nJuly 2026 was the fifth month of the year in which the Imacec registered a negative year-over-year change. [^7]\n\nThe article states that Chile is in a technical recession, which typically means two consecutive quarters of economic contraction. [^8]",
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