Menu Content
Go Top

Economy

Business Sentiment Improves for 4th Straight Month in June

Written: 2024-06-27 10:50:18Updated: 2024-06-27 11:00:40

Business Sentiment Improves for 4th Straight Month in June

Photo : YONHAP News

South Korea's business sentiment improved for a fourth consecutive month in June, but remained pessimistic. 

According to the Bank of Korea on Thursday, the Business Survey Index(BSI) for all industries stood at 95-point-seven in June, up two-point-eight points from the previous month.

The index rose for the fourth month in a row after falling to 87-point-eight in February.

 A reading below 100 means pessimists outnumber optimists.

The BSI for manufacturers also gained three points month-on-month to reach 97-point-four in June, posting growth for the third straight month to hit the highest reading since August 2022. 

The index for non-manufacturing industries, which includes restaurants, wholesalers and retail businesses, reached 94-point-three, up two-point-five points from a month ago, growing for the fourth consecutive month. 

Meanwhile, local firms' business outlook for July marked 93-point-one, up tone-point-three points from the previous month.

Editor's Pick

Close

This website uses cookies and other technology to enhance quality of service. Continuous usage of the website will be considered as giving consent to the application of such technology and the policy of KBS. For further details >