Chile: Business confidence hits highest reading in over one-and-a-half years in November
Business confidence rose to 54.2 in November from October’s 51.7. November’s result marked the strongest sentiment since February 2019. Consequently, the index moved further above the 50-point threshold, which separates optimism from pessimism among businesses.
November’s rise was driven by a broad-based improvement, with sentiment in the commerce, construction, mining and industrial recording gains.