Chile: Business confidence rises further in February
Business confidence rose to 55.7 in February from January ‘s 54.4, marking the strongest sentiment since June 2018. Consequently, the index moved further above the 50-point threshold, which separates optimism from pessimism among businesses.
February’s increase was driven by an almost broad-based improvement, with sentiment in the commerce, construction and industrial sectors recording increases. On the other hand, sentiment in the mining sector declined.