Chile

Historically, when a consumer applied for a bank loan, the commitment was typically honoured until the debt was fully repaid because the process of making a change was costly and time-consuming. In 2020, Chile introduced the Financial Portability Law…

2023 was a difficult year for consumer electronics in Chile, with both retail volume and value sales contracting. Declines in many categories were influenced by internal and external factors, but especially because many local consumers had already…

In Chile and across Latin America, the security concern has taken centre stage, impacting many businesses nationwide, especially within consumer foodservice. A notable challenge that key players in this industry face is closely tied to the dynamics…

In 2023, the economic landscape has been marked by inflation, high interest rates, and increased unemployment. As a result, individual budgets have contracted, forcing consumers to focus on essential spending. Nevertheless, post-pandemic, there has…

Consumer health in Chile experienced a notable slowdown in value growth in 2022 compared to the previous year's performance. In 2021, the pandemic-induced liquidity in the local market and the shift towards preventive habits among consumers drove…