Chile: Consumers' sentiment improves in February
March 10, 2015
In February, the Adimark GfK consumer confidence index (IPEC, Indice de Percepcion de la Economia) rose from January’s 41.9 points to 44.7 points. As a result of the increase, the index is now closer to the 50-point threshold separating optimism from pessimism.
February’s improvement came on the back of consumers’ more optimistic views regarding the country’s economic situation in the next 12 months. Consumers’ sentiment regarding their personal economic situation slightly improved compared to January. In addition, they were more willing to make major purchases in February compared to the previous month.
Author: Dirina Mançellari, Senior Economist