Chile Business Confidence April 2021

Chile

Chile: Business confidence weakens in April

May 4, 2021

Business confidence dropped to 51.4 in April from March's 55.9, which had marked the strongest sentiment since June 2018. However, the index remained above the 50-point threshold, which separates optimism from pessimism among businesses.

April's decrease was driven by a broad-based deterioration, with sentiment in the commerce, construction, industrial and mining sectors recording declines.

Panelists surveyed for this month’s LatinFocus report project fixed investment to expand 6.1% in 2021, which is unchanged from last month’s forecast. For 2022, they project it to grow 4.4%.


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