Korea skyline

Korea Business Confidence September 2018

Korea: Forward-looking business confidence increases for September

The Bank of Korea’s forward-looking business confidence indicator (BSI) for the manufacturing sector has registered pessimism among businesses for every month since June 2011. For September 2018, the indicator increased to 77 points from 73 points in August. Despite the increase, the BSI came in below both the 100-point threshold for September—signaling another month of pessimism—and the long-run average reading of 86 points.

A breakdown of the BSI components showed that, for September, businesses were less pessimistic about sales prospects, sales prices and profitability than they were for August. Meanwhile, business optimism regarding raw material purchase prices was unchanged for September. Confidence among non-manufacturing businesses—the mainstay of the Korean economy—rose to 77 for September from 74 points for August.

Korea Fixed Investment Forecast

Free sample report

Access essential information in the shortest time possible. FocusEconomics provide hundreds of consensus forecast reports from the most reputable economic research authorities in the world.
Close Left Media Arrows Left Media Circles Right Media Arrows Right Media Circles Arrow Quote Wave Address Email Telephone Man in front of screen with line chart Document with bar chart and magnifying glass Application window with bar chart Target with arrow Line Chart Stopwatch Globe with arrows Document with bar chart in front of screen Bar chart with magnifying glass and dollar sign Lightbulb Document with bookmark Laptop with download icon Calendar Icon Nav Menu Arrow Arrow Right Long Icon Arrow Right Icon Chevron Right Icon Chevron Left Icon Briefcase Icon Linkedin In Icon Full Linkedin Icon Filter Facebook Linkedin Twitter Pinterest