Chile: Business confidence dips in December
Latest reading: Business confidence fell to 41.8 in December from 41.9 in November. December’s result marked the worst reading since December 2023. As such, the index remained below the 50-point threshold, indicating that businesses were pessimistic.
December’s reading was driven by worse sentiment in the industrial, construction and trade sectors outweighing improved sentiment in mining.
Pessimistic business confidence throughout 2024 translated into weak fixed investment, which fell in the first three quarters of the year. While fixed investment should recover in 2025 as interest rates fall, business sentiment will likely remain capped by domestic political fragmentation plus concerns over U.S. tariffs.