Skyline in Chile

Chile Business Confidence October 2021

Chile: Business confidence deteriorates but remains in positive territory in October

Business confidence fell to 58.2 in October from September’s 60.7, amid rising cost pressures and election-related political uncertainty. However, the index remained entrenched above the 50-point threshold, separating optimism from pessimism among businesses.

In October, sentiment in the industrial sector deteriorated. In addition, sentiment in the retail sector soured, while the construction sector moved into pessimistic territory. In contrast, mining sector sentiment improved, potentially influenced by the successful conclusion of several wage negotiations and the consequent avoidance of prolonged strike action, as well as a surge in copper prices in the month.

Free sample report

Access essential information in the shortest time possible. FocusEconomics provide hundreds of consensus forecast reports from the most reputable economic research authorities in the world.
Close Left Media Arrows Left Media Circles Right Media Arrows Right Media Circles Arrow Quote Wave Address Email Telephone Man in front of screen with line chart Document with bar chart and magnifying glass Application window with bar chart Target with arrow Line Chart Stopwatch Globe with arrows Document with bar chart in front of screen Bar chart with magnifying glass and dollar sign Lightbulb Document with bookmark Laptop with download icon Calendar Icon Nav Menu Arrow Arrow Right Long Icon Arrow Right Icon Chevron Right Icon Chevron Left Icon Briefcase Icon Linkedin In Icon Full Linkedin Icon Filter Facebook Linkedin Twitter Pinterest X Download Fullscreen