Skyline in Chile

Chile Business Confidence May 2019

Chile: Business confidence edges down in May

The business confidence index (IMCE), published by ICARE and the Adolfo Ibáñez University, deteriorated for the fourth consecutive month in May, landing at 50.6 points (April: 52.1 points). Nevertheless, the index remained above the crucial 50-point threshold that separates optimism from pessimism among Chilean businesses.

Notably, sentiment in the construction sector turned pessimistic in May, while sentiment in the industrial sector dipped further down into negative territory. Meanwhile, confidence in the commercial sector deteriorated albeit remained positive. In contrast, optimism in the mining sector rose to an eight-month high.

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