Chile: Business sentiment falls in October
Latest reading: Business sentiment fell to 45.5 in October from September’s 46.6, marking a four-month low. Consequently, the index remained below the 50-point threshold, where it has been for eight consecutive months, signaling that businesses remained pessimistic. Business sentiment has generally been in pessimistic terrain in recent years, which has translated into subdued fixed investment.
Sector-wise, sentiment in the construction and retail sectors deteriorated. Conversely, sentiment in the industrial and mining sectors improved.