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Chile Business Confidence May 2021

Chile: Business confidence improves in May

Business confidence rose to 54.9 in May from April’s 51.4. As a result, the index moved further above the 50-point threshold, signaling optimism among businesses.

Looking at the details of May’s release, confidence in the retail sector turned more upbeat, while sentiment in the industrial and mining sectors also improved. Only the construction sector remained in pessimistic territory.

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