In March, the Adimark GfK consumer confidence index (IPEC, indice de Percepcion de la Economia) fell to 46.2 points. The reading marked a deterioration compared to February, when the index rose to 49.6 points and marked the highest level since January 2011. With the monthly drop, consumer sentiment moved further below the 50-point threshold that separates optimism from pessimism. The result was driven by deteriorations in most sub-components, especially in the households' assessment of the current economic situation. In addition, respondents to the survey reported lower willingness to make major purchases. Weakening consumer confidence does not bode well for private consumption in the near term.
Chile Consumer Confidence
Consumer confidence deteriorates
April 5, 2012
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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).