S. Korea's BSI for all industries down 1 point m/m to 76 in February: BOK
Updated: 2021-02-24 10:05:43 KST
Business sentiment among South Korean companies edged down this month due to negative sentiment among small and mid-sized manufacturers.
According to the Bank of Korea on Wednesday, the Business Sentiment Index for all industries was 76 in February, down a point on-month.
A reading below 100 indicates pessimists outnumber optimists.
By sector, BSI among manufacturers dropped 3 points to 82.
Among manufacturers, business confidence of SMEs plunged 9 points, and the index for exporters was down 2 points.
Sentiment among non-manufacturing businesses edged up 2 points to 72, thanks to slight recovery in the construction and wholesale and retail industries.