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Korea Business Confidence April 2019

Korea: Forward-looking manufacturing business confidence stable in April but remains pessimistic

The Bank of Korea’s forward-looking business confidence indicator (BSI) for manufacturers was unchanged in April at March’s 76, while confidence in the non-manufacturing sector improved slightly from 75 to 76. Both readings nevertheless remained below the crucial 100-point threshold separating pessimism from optimism.

A breakdown of the BSI components showed manufacturing businesses are more optimistic about raw material purchase prices and sales prices but are less confident regarding profitability.

Korea Fixed Investment Forecast

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