Chile: Business confidence increases in January
Latest reading: Business confidence came in at 46.5 in January, up from December’s 41.8. January’s result marked the strongest sentiment since April 2022. However, the index remained below the 50-point threshold, signaling that businesses were pessimistic.
January’s reading was largely driven by more optimistic sentiment in the volatile mining sector. Sentiment in the retail, industrial and construction sectors also improved.