Chile: Consumers' sentiment in May rises from April's five-year-low
June 10, 2015
In May, the Adimark GfK consumer confidence index (IPEC, Indice de Percepcion de la Economia) rose from April’s 38.3 points to 39.0. April’s result had marked the lowest level since April 2009. Despite the increase, the index is still far below the 50-point threshold separating pessimism from optimism.
Consumers assessed their personal situations as well as the country’s current economic situation more positively than in April. In addition, their assessment of the country’s economic situation in 5 years also improved. Conversely; consumers were more negative about the country’s situation in 12 months.