Chile Business Confidence June 2021


Chile: Business confidence dips in June

July 1, 2021

Business confidence dipped to 54.3 in June from May's 54.9. However, the index remained comfortably above the 50-point threshold, signaling optimism among businesses.

Looking at the details of June's release, confidence in the retail and industrial sectors turned less upbeat, while sentiment in the construction sectors improved. Meanwhile, the mining sector recorded unchanged sentiment.

Panelists surveyed for this month’s LatinFocus report project fixed investment to increase 9.2% in 2021, which is unchanged from last month’s forecast. For 2022, they project it to grow 4.7%.


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Chile Business Confidence Chart

Chile Business Confidence June 2021

Note: Business Confidence Index (IMCE, Indicator Mensual de Confianza Empresarial). Values above 50 indicate optimistic perception, below 50 indicate negative perception.
Source: Universidad Adolfo Ibañez/ICARE.

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