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Chile: Business confidence ticks up in May but remains pessimistic
Latest reading: Business confidence ticked up to 46.7 in May from 46.1 in April. As a result, the index remained below the 50-point threshold, signaling that businesses were pessimistic. The index likely continued to be weighed on by global trade tensions.
Looking at subsectors, the construction and industrial sectors were in pessimistic terrain in May, with mining and retail in optimistic territory.
