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Chile Business Confidence September 2020

Chile: Business confidence hits highest reading in nearly one year in September

Business confidence jumped to 49.8 in September from August’s 42.5. September’s result marked the strongest sentiment since October 2019. Consequently, the index moved closer to the 50-point threshold, which separates pessimism from optimism among businesses.

September’s rise was driven by a broad-based improvement, with sentiment in the commerce, construction, mining and industrial sector all recording notable gains.

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