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Chile: Business confidence rises in July but remains pessimistic
Latest reading: Business confidence rose from 44.0 in June to 45.8 in July. As a result, the index remained below the 50-point threshold, signaling that businesses were pessimistic. Business sentiment has generally been in pessimistic terrain in recent years, which has translated into subdued fixed investment.
Looking at subsectors, the industry, mining and retail subsectors grew more upbeat, while construction became more downbeat.
