Chile: Business confidence drops in April
Latest reading: Business confidence index fell to 49.3 in April, following March’s 50.4. The latest reading was below the threshold of 50 that separates optimistic from pessimistic sentiment.
In April, businesses grew less positive about the construction sector (+35.6 vs +38.8 in March), the industrial sector (+47.2 vs +47.5 in March) and the mining sector (+60.6 vs +63.8 in March). On the flipside, firms grew more optimistic about the retail sector (+53.7 vs +53.0 in March).