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Chile Business Confidence May 2024

Chile: Business confidence improves in May

Business confidence came in at 45.3 in May, up from April’s 44.1 and marking a two-year high. However, the index remained below the 50-point threshold, indicating pessimism among businesses.

May’s rise was driven by improved sentiment in the construction and industrial sectors, as sentiment in the retail and mining sectors ebbed slightly.

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