Biz outlook stays flat for October amid slowing economy
South Korea's business sentiment remained unchanged for October amid sluggish exports of the country's key products, a central bank poll showed Wednesday.
Local companies' business sentiment index amounted to 73 for the coming month, unchanged from the previous month, according to the survey by the Bank of Korea.
The index measures corporate prospects for business conditions the following month. A reading below 100 means pessimists outnumber optimists.
The central bank said business sentiment remained below par for next month due to slumping overseas shipments of chips, cars, communication equipment and other key export items.
The BSI for manufacturers came to 67 for October, down 2 points from the previous month. The index for nonmanufacturing firms was up 1 point over the same period to 77.
The actual BSI for September came to 73, up 2 points from August, rising for the first time in three months.
South Korea has been gripped by weak exports and sluggish private consumption, with its overseas shipments falling 8.4 percent on-year in August, the 11th consecutive month of decline.
The survey was conducted on 3,255 firms, including 1,607 manufacturers, from Sept. 12 to 19. (Yonhap)
(责任编辑:요리)
- ·[Korea Beyond Korea] Early Korean history remains virtually unknown abroad
- ·Hyundai Engineering wins US gas
- ·[Test Drive] Toyota’s minivan Alphard boasts sedanlike drive
- ·Opposition head pleads for support in ‘fight against Yoon dictatorship’
- ·Dodgers prospect trying to fit in with S. Korean nat'l baseball team
- ·[Photo News] Mudeungsan fully opens door to public after 57 years
- ·Korea’s parental leave benefits lag behind OECD average
- ·Koreans prefer cash in Chuseok gifting for parents
- ·尹 “국민, 안보 믿음 가졌을 것”…4000명 장병 동원 행진 주관
- ·SM founder Lee Soo
- ·Posco to build joint venture with US grain company
- ·N. Korea scheduled to hold key parliamentary meeting following Kim
- ·Biz outlook stays flat for October amid slowing economy
- ·러 무기 만져보고 타보고...김정은 '북·러 합작' 도발 메뉴 내놓나
- ·Kakao completes its first own data center
- ·Jakarta lights up in pink with SMTown Live 2023
- ·Scholarships to begin in October for Ukrainian students in S. Korea
- ·[Herald Interview] Mimiirose hopes to make a name for itself
- ·Manpower Korea’s unique approach to reference checks
- ·N.Korea blasts Yoon for denouncing military ties with Russia at UN
- ·Benois de la Danse winner Kang Mi
- ·SK Earthon starts first independent oil production in South China Sea
- ·Young swimmer enjoys self
- ·[Herald Interview] As a wanderer, Yoshitomo Nara does not confine himself to art
- ·[Herald Interview] Kim Jee
- ·LG chief convenes CEO meeting to review growth strategy
- ·The Korea Herald to hold space forum on Oct. 11
- ·[Feature] The rise and fall of terrestrial TV dramas