Chile: Business confidence declines in May
Latest reading: Business confidence index went down to 46.7 in May, following April’s 49.3. The latest reading was below the threshold of 50 that separates optimistic from pessimistic sentiment.
In May, businesses grew less positive about the retail sector (+52.0 vs +53.7 in April), the construction sector (+34.3 vs +35.6 in April), the industrial sector (+46.6 vs +47.2 in April) and the mining sector (+51.7 vs +60.6 in April).