Chile Consumer Confidence April 2019

Chile

Chile: Consumers slightly less pessimistic in April

May 6, 2019

The Adimark GfK consumer confidence index rose to 43.2 points in April, from 42.3 points in March. Nevertheless, for the ninth consecutive month, the index remained stuck below the critical 50-point threshold that separates pessimism from optimism among Chilean consumer.

April’s detailed estimate showed a slight improvement in four out of five sub-components of the index. Notably, consumers’ expectations about the country over the next 12 months and their perception of their own personal situation both improved. Moreover, their assessment of the country’s stability over the next five years ticked up, although remained deeply entrenched in pessimistic territory. Lastly, consumer’s assessment of the country’s current situation was unchanged from a month earlier, while their willingness to buy big-ticket household items climbed higher into positive territory.

Panelists participating in the LatinFocus Consensus Forecast expect private consumption to grow 3.4% in 2019, which is unchanged from last month’s forecast, and 3.3% in 2020.


Author:, Economist

Sample Report

Looking for forecasts related to Consumer Confidence in Chile? Download a sample report now.

Download

Chile Consumer Confidence Chart


Chile consumer confidence April 2019

Note: Consumer confidence index (IPEC, Indice de percepcion de la economía). Values above 50 indicate an optimistic assessment in consumer sentiment while values below 50 indicate a pessimistic assessment.
Source: Adimark GfK.


Chile Economic News

More news

Search form