In July, the consumer confidence index (IPEC, indice de Percepcion de la Economia), produced by Adimark GfK, rose a full point to 45.1 points from 44.1 points in June, matching the level registered in the same month the year before. In spite of the July increase, consumer sentiment remains below the 50-point threshold that separates optimism from pessimism, which does not bode well for consumption in the coming months. The improvement was mainly driven by less pessimistic views on the current personal situation as well as rising optimism about the short-term national economic outlook, which more than compensated for a more pessimistic assessment of the long-term national outlook. That said, respondents reported less willingness to make major purchases.
Chile Consumer Confidence
Consumer confidence improves a notch in July
August 4, 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
In August, economic activity rose 2.5% over the same month last year, according to the monthly indicator for economic activity (IMACEC).
October 5, 2016
The Chilean government presented the most austere budget proposal in over a decade on 30 September.