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South Korea's business sentiment recovers slightly on-month in September

2018-10-02 2 Dailymotion

South Korea's overall business sentiment recovered slightly in September from the previous month,... when it marked its lowest point since February last year.<br /> Data released by the Bank of Korea on Tuesday shows the business sentiment index marked 75 in September,... up one-point from August.<br />A reading below 100 means there are more pessimists than optimists on the local economy.<br />Businesses in the manufacturing sector maintained the same level from the previous month... mainly due to rising international oil prices and new smartphone releases.<br />BSI among wholesale and retail businesses recovered by three points during the same period largely due to Chuseok, Korea's Thanksgiving holiday. <br />

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