EMERGING MARKETS-Latam stocks, FX lag EM peers this month

* Chile copper output up 2.2% in October * Brazil's jobless rate drops to 8.3%, below forecasts * Peru opposition launch 3rd impeachment attempt against Castillo * EM stocks set for best monthly performance since 2009 By Bansari Mayur Kamdar Nov 30 (Reuters) - The Chilean peso rose on Wednesday after the top copper producer reported its first rise in output for the metal since July 2021, while Latin American stocks and currencies lagged the sharp recovery in their emerging market counterparts this month. The MSCI's index for Latin American stocks rose 0.7% and currencies were flat on Wednesday. Latam stocks were down 2.2% in November compared to the 14.5% jump in broader EM stocks index that has put the latter on track for their best month since May 2009. While Latam currencies have slightly extended their gains in November helped by a softer dollar, weakness in the Brazilian real has weighed on the index. The real fell 0.4% against the dollar on Wednesday and was down 2% so far this month. "Real had a good run for a while before November, tons of volatility ahead and after elections," said Juan Perez, director of trading at Monex USA in Washington. "Now, overall it seems underlying prices of commodities and planning for production are coming down in costs." Brazil's jobless rate fell to 8.3% in the three months through October, statistics agency IBGE said, below market expectations as the key indicator continues to hover around seven-year lows. Chile's peso added 0.5% against the dollar. Copper output in Chile, the world's largest producer of the metal, rose 2.2% year-on-year to 485,447 tonnes in October, said the country's statistics agency INE. Peru's sol also climbed 0.4% against the dollar in early trading. Political turmoil continues to weigh as opposition legislators presented another impeachment motion against President Pedro Castillo, the third formal attempt to oust the leftist leader since he took office last year. Mexico's peso slipped 0.5% against the dollar. President Andres Manuel Lopez Obrador said he is seeking a deal with Washington after the United States threatened legal action over Mexico's plan to ban genetically modified (GMO) corn in 2024. Colombia's peso rose 0.1% with stronger crude prices boosting the oil producer's currency. Key Latin American stock indexes and currencies at 1456 GMT: Stock indexes Latest Daily % change MSCI Emerging Markets 971.69 1.97 MSCI LatAm 2200.21 0.76 Brazil Bovespa 112032.33 1.01 Mexico IPC 50718.01 1.08 Chile IPSA 5231.89 -0.25 Argentina MerVal 170045.39 1.1 Colombia COLCAP 1246.61 -0.14 Currencies Latest Daily % change Brazil real 5.2850 0.05 Mexico peso 19.3251 -0.56 Chile peso 891.5 0.95 Colombia peso 4801.43 0.10 Peru sol 3.8391 0.26 Argentina peso (interbank) 167.2600 -0.17 Argentina peso (parallel) 310 1.61 (Reporting by Bansari Mayur Kamdar in Bengaluru;Editing by Elaine Hardcastle)