Chile's Economic Climate Index worsens

RIO DE JANEIRO.- Chile maintained at sixth place in the regional Economic Climate Index (ICE) of Latin America for the month of January. Despite its rise in the ranking, the actual index declined from 4.7 points in October to 4.3 points in January, taking into consideration the average of the past four trimesters.

According to the trimester study conducted by the Brazilian Foundation Getulio Vargas and by the IFO institute of the University of Munich, the Economic Climate Index (ICE) for Latin America was at 2.9 points in January; it's lowest since January of 1990.

According to the ICE average for the past four trimesters, the country in the best position continues to be Uruguay, with an indicator of 7.4 points through October, which dropped to 6.6 in January.

In the next four spots are Peru (6.3 points), Brazil (5.2 points), Paraguay (4.8 points) and Colombia (4.3 points).

In sixth place is Chile (4.1 points), followed by Bolivia (3.6 points) and Mexico (3.2 points).

The last positions in the ranking are occupied by Venezuela, with an index of 3.2 points, Ecuador (3 points) and Argentina with 2.9 points.