In July, the Adimark GfK consumer confidence index (IPEC, Indice de Percepcion de la Economia) inched up to 50.4 points from 50.3 points in June. With the modest rise seen in July, confidence among consumers remains above the 50-point threshold that separates optimism from pessimism for the second consecutive month. The improvement was driven by consumers' more positive assessment regarding their current personal situation. Moreover, respondents' to the July survey had more optimistic expectations on the country's economic prospects in the next year. Accordingly, consumers' willingness to make major purchases improved over the previous month.
Chile Consumer Confidence
Consumers remain optimistic in July
August 10, 2012
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Chile Consumer Confidence Chart
Note: Consumer confidence index (IPEC, Indice de percepcion de la economia). Values above 50 indicate an optimistic assesment in consumer sentiment while values below 50 indicate a pessimistic assesment.
Source: Adimark GfK.
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).