Retailers pessimistic about business conditions in Q3

Home > Business > Economy

print dictionary print

Retailers pessimistic about business conditions in Q3

A majority of Korean retailers remain downbeat on their business conditions in the third quarter amid concerns over weak domestic demand and high household debt, a poll showed Sunday.

The Korean Chamber of Commerce and Industry (KCCI) said its retail business survey index (RBSI) stood at 91 for the July-September period of the year, up from 90 three months earlier.

The figure is based on a poll of some 1,000 retail businesses in Seoul and six other major cities nationwide. A reading below 100 means that pessimists outnumber optimists. YONHAP
Log in to Twitter or Facebook account to connect
with the Korea JoongAng Daily
help-image Social comment?
lock icon

To write comments, please log in to one of the accounts.

Standards Board Policy (0/250자)