In the first quarter, the business confidence index (IEE, indice de Expectativas Empresariales) produced by the Camara de Comercio de Santiago (CCS) rose to 68.5 points from 62.6 points in the previous quarter. The reading follows four consecutive declines, which had reflected concerns over the effects of the European debt crisis. At the current level, the index remains above the 50-point threshold that separates optimism from pessimism as well as the long term average of 67 points. The quarterly improvement was broad-based as confidence in all sectors rose substantially over the previous quarter. In addition, investment as well as sales expectations also improved - albeit at a moderate pace - over the previous quarter. Increasing optimism among businesses bodes well for investment in the months ahead.
Chile Business Confidence
Business confidence improves in the first quarter
March 5, 2012
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Chile Economic News
October 12, 2016
In September, the Adimark GfK consumer confidence index (IPEC, Índice de Percepción de la Economía) rose slightly, inching up from August’s record-low of 31.5 points to 33.4 points.
October 7, 2016
In September, consumer prices rose 0.2% over the previous month, which came in above August’s flat reading.
October 6, 2016
In Q3, the mood among Chilean businesses improved and reached the highest level in a year.
October 5, 2016
For a third consecutive month, the mood among Chilean businesses improved in September after it had fallen to the lowest level in over seven years in June.
October 5, 2016
In August, economic activity rose 2.5% over the same month last year, according to the monthly indicator for economic activity (IMACEC).