Chile: Business confidence remains optimistic
September 13, 2012
In July, the business confidence index (IMCE, Indicador Mensual de Confianza Empresarial) published by Icare and the Universidad Adolfo Ibanez inched up to 57.1 points from 56.9 points in June. At the current level, the index remains above the 50-point threshold that separates optimism from pessimism. The monthly rise was broad-based, as almost all sub-categories of the index improved over the previous month. Construction was the only category to deteriorate over the previous month although it remains in optimistic territory.