Chile’s economy continues to awe outsiders. For the month of February, 2011, Chile’s economy grew by 7.2%.

Chile’s Central Bank said it’s due mainly to exports. The top export from Chile is copper. Right now copper is trading for $10,000 per ton.

Other exports helped Chile: Fruit, timber and fishing.  Chile also got a boost from it’s transport industries.

The down side is inflation. The Central Bank says it’s inevitable that with such explosive growth inflation will follow.  Currently inflation in Chile is at 4.3%.