Chile: Business confidence rises into optimistic territory in January
Business confidence jumped to 53.4 in January from December’s 46.6. As a result, the index lies above the 50-point threshold separating optimism from pessimism among businesses.
Looking at the details of January’s release, confidence in the retail sector turned more upbeat, while sentiment in the industrial sector improved. Meanwhile, confidence in the construction sector improved but remained deeply pessimistic, whereas sentiment in the mining sector boomed, moving back into optimistic territory.