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Chile Business Confidence December 2022

Chile: Business confidence falls in December

Business confidence fell to 35.6 in December from November’s 41.0. December’s result marked the worst reading since May 2020. Consequently, the index remained below the 50-point threshold, indicating sustained pessimism among businesses.

December’s fall was driven by a deterioration in sentiment in the industrial and mining sectors. In contrast, sentiment in the retail and construction sectors improved.

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