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Chile Business Confidence March 2022

Chile: Business confidence falls into pessimistic territory in March

Business confidence fell to 47.5 in March from February’s 51.2. As a result, the index fell below the 50-point threshold, indicating pessimism among businesses.

March’s fall was driven by a broad-based deterioration, with sentiment in the retail sector, the mining sector and the industrial sector weakening. However, sentiment in the construction sector was broadly stable.

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