Chile: Business confidence jumps in January
Business confidence rose to 54.4 in January from December’s 48.0, marking the strongest sentiment since September 2018. Consequently, the index moved above the 50-point threshold, which separates optimism from pessimism among businesses.
January’s increase was driven by a broad-based improvement, with sentiment in the commerce, mining and industrial sectors recording increases. On the other hand, sentiment in the construction sector declined.