South Korea's business sentiment recovers slightly on-month in September
  • 6 years ago
South Korea's overall business sentiment recovered slightly in September from the previous month,... when it marked its lowest point since February last year.
Data released by the Bank of Korea on Tuesday shows the business sentiment index marked 75 in September,... up one-point from August.
A reading below 100 means there are more pessimists than optimists on the local economy.
Businesses in the manufacturing sector maintained the same level from the previous month... mainly due to rising international oil prices and new smartphone releases.
BSI among wholesale and retail businesses recovered by three points during the same period largely due to Chuseok, Korea's Thanksgiving holiday.
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