Chile: Business confidence rises in February
Latest reading: The business confidence index rose to 52.3 in February, following January’s 52.1. The latest reading was above the threshold of 50 that separates optimistic from pessimistic sentiment and was the highest print since January 2022.
In February, businesses grew more optimistic about the retail sector (+57.7 vs +57.6 in January), the industrial sector (+49.3 vs +47.5 in January) and the mining sector (+64.7 vs +63.8 in January). In contrast, businesses grew less optimistic about the construction sector (+38.5 vs +42.0 in January).