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Chile Business Confidence August 2022

Chile: Business confidence improves but remains pessimistic in August

Business confidence rose to 40.5 in August from July’s 39.0. Despite the uptick, the index remained below the 50-point threshold, indicating pessimism among businesses.

August’s rise was driven by improving sentiment in the volatile mining sector. In contrast, sentiment in the retail, construction and industrial sectors worsened.

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