In June, the Adimark GfK consumer confidence index (IPEC, Indice de Percepcion de la Economia) rose to 50.3 points from 48.7 points in May. The rise in June reflects growing confidence among consumers, who turned optimistic for the first time since January 2011, with the index rising slightly above the 50-point threshold that separates optimism from pessimism. The improvement was mainly driven by consumers' more positive assessment regarding both their current personal situation and the current general economic situation. Moreover, respondents' to the June survey had more optimistic expectations on the country's future economic prospects. That said, consumers' willingness to make major purchases deteriorated somewhat over the previous month.
Chile Consumer Confidence
Consumers turn optimistic in June
August 5, 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).