In October, the business confidence index (IMCE, Indicador Mensual de Confianza Empresarial) published by Icare and the Universidad Adolfo Ibanez edged down to 57.4 points from 59.0 points in September. Despite the drop, the index remains above the 50-point threshold that separates optimism from pessimism, suggesting a somewhat positive outlook for investment going forward. The weaker October reading was broad-based, as almost all sub-categories worsened over the previous month. The industrial and the mining sectors showed notable deteriorations, with only construction improving slightly over September. At the current level, however, all sub-categories still remain above the 50-point threshold, which implies an optimistic outlook in all the main industrial sectors.
Chile Business Confidence
Business confidence slips in October
November 30, 2011
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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).