Chile Consumer Confidence

Consumer Confidence in Chile decreased to 53.40 in March of 2014 from 54.30 in February of 2014. Consumer Confidence in Chile is reported by the Adimark GfK. Consumer Confidence in Chile averaged 47.02 from 2002 until 2014, reaching an all time high of 59.30 in March of 2006 and a record low of 31.60 in July of 2008. In Chile, IPEC (Índice de Percepción de la Economía) is a composite index calculated from the combination of responses to 5 questions. These questions measure the perception of current personal financial situation, current economic situation in the country, the country's future economic situation in the short term and in the long term and expectations regarding the purchase of consumption items for the households. The index is based on a sample of around 1100 people residing in the main Chilean cities. The IPEC measures consumer confidence on a scale of 0 to 100, where 0 indicates an extreme lack of confidence, 50 neutrality and 100 extreme confidence. This page provides - Chile Consumer Confidence - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-25

Actual Previous Highest Lowest Forecast Dates Unit Frequency
53.40 54.30 59.30 31.60 53.62 | 2014/04 2002 - 2014 Monthly

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Chile Consumer Confidence
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Consumer Last Previous Highest Lowest Forecast Unit
Consumer Confidence 53.40 2014-03-31 54.30 59.30 31.60 53.62 2014-04-30 [+]
Consumer Spending 20440873.00 2013-11-15 19251520.00 20440873.00 9503306.00 20155700.08 2014-03-31 CLP Million [+]
Retail Sales MoM -2.10 2014-02-28 -32.00 41.75 -32.00 -1.35 2014-06-30 Percent [+]
Retail Sales YoY 5.30 2014-02-28 6.00 23.80 -5.10 7.02 2014-06-30 Percent [+]
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Consumer Confidence | Notes
Consumer confidence is an indicator designed to measure the degree of optimism that consumers feel about the overall state of the economy and their personal financial situation. How confident people are about stability of their incomes determines their spending activity and therefore serves as one of the key indicators for the overall shape of the economy. If consumer confidence is higher, consumers are making more purchases, boosting the economic expansion. On the other hand, if confidence is lower, consumers tend to save more than they spend, prompting the contraction of the economy.


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The Board of the Central Bank of Chile decided on October 17th to lower the monetary policy interest rate by 25 basis points, to 4.75 percent to stimulate easing economic growth. Central Bank of Chile cited gloomier global economic outlook, and decelerating domestic demand.
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