Chile: Business confidence hits highest reading since May 2022 in October
Latest reading: Business confidence came in at 46.3 in October, up from September’s 46.2. October’s result marked the strongest sentiment since May 2022. That said, the index still lies below the 50-point threshold, indicating pessimism among businesses.
October’s rise was driven by an improvement in sentiment in the construction sector. In contrast, confidence in the industrial, commerce and mining sectors worsened.