In April, the consumer confidence index, (IPEC, indice de Percepcion de la Economia) published by Adimark GfK dropped to 46.0 points from 46.7 points in March, the second consecutive month of declining consumer confidence. Moreover, confidence was below the level registered in the same month the year before, when the index stood at 48.3 points. With the April drop, consumer sentiment fell further below the 50-point threshold that separates optimism from pessimism, which does not bode well for consumption in the coming months. Consumers were less upbeat about the current economic outlook but, on the other hand, reported a higher willingness to make major purchases.
Chile Consumer Confidence
Consumers increasingly pessimistic in April
May 9, 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.