In November, the consumer confidence index (IPEC, indice de Percepcion de la Economia) published by Adimark GfK dropped to 53.7 points from 56.5 points in October. Despite the monthly drop, consumer confidence remains above the 50-point threshold that separates optimistic from pessimistic territory. Consumer confidence remains above the level registered in the same month last year, but is below the peak of 56.9 points, recorded in February 2010. The drop in consumer sentiment was broad-based, as all sub-categories deteriorated over the previous month. That said, the deterioration was mainly driven by a 4.4 point drop in the long-term national outlook as well as a 3.8 point fall in household purchases expectations. Meanwhile, current personal expectations only dropped slightly.
Chile Consumer Confidence
Consumer confidence declines in November
December 9, 2010
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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).