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In the first year of Allende's term, the short-term economic results of Economics Minister Pedro Vuskovic's expansive monetary policy were unambiguously favorable: 12 % industrial growth and an 8. 6 % increase in GDP, accompanied by major declines in inflation ( down from 34. 9 % to 22. 1 %) and unemployment ( down to 3. 8 %).

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In the first year of Allende's term, the short-term economic results of Minister of the Economy Pedro Vuskovic's expansive monetary policy were highly favorable: 12 % industrial growth and an 8. 6 % increase in GDP, accompanied by major declines in inflation ( down from 34. 9 % to 22. 1 %) and unemployment ( down to 3. 8 %).

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