South Korea Business Confidence Improves In January

By | January 30, 2020
InstaForex
South Korea Business Confidence Improves In January

South Korea’s confidence among manufacturers rose in January, while sentiment among non-manufacturers decreased at the beginning of the year, survey data from Bank of Korea showed on Thursday.

In the manufacturing sector, the business survey index on business conditions increased to 76 in January from 74 in December. The outlook index rose 2 points to 73.

In the non-manufacturing sector, the business survey index on business conditions decreased to 73 in January from 78 in the previous month and the outlook fell one point to 74.

The economic sentiment index advanced to 95.7 in January from 92.9 in the prior month.

The survey was conducted among 3,182 companies between January 13 and 20.