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Chile Business Confidence March 2024

Chile: Business confidence hits highest reading since May 2022 in March

Business confidence rose to 46.3 in March from February’s 44.9. March’s result marked the best performance since May 2022. However, the index remained below the 50-point threshold, signaling pessimism among consumers.

March’s reading was driven by more upbeat sentiment in the retail, construction and mining sectors.

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