Chile: Consumer sentiment rises in October
November 9, 2015
In October, the Adimark GfK consumer confidence index (IPEC, Indice de Percepcion de la Economia) rose from September’s 34.1 points to 35.2 points. The index remains below the 50-point threshold separating pessimism from optimism, where it has been for the last 17 months.
October’s improvement mainly reflects that consumers were slightly less pessimistic about the country’s current economic situation and also their ability to purchase household items. In addition, consumers’ views on the country’s economic situation over the next 12 months improved.