Business sentiment continues falling for 2nd month for January
Published: 28 Dec. 2023, 11:17
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- KIM JU-YEON
- [email protected]
![Cars for exports are parked at a container yard in Pyeongtaek-Dangjin Port. [NEWS1]](https://koreajoongangdaily.joins.com/data/photo/2023/12/28/ad055bfe-1520-44f4-85ca-1110cf2f8e71.jpg)
Cars for exports are parked at a container yard in Pyeongtaek-Dangjin Port. [NEWS1]
Korean companies' business sentiment index (BSI) stood at 68 for the coming month, down from 69 the previous month, according to the poll.
The index measures corporate prospects for business conditions in the following month. A reading below 100 means pessimists outnumber optimists.
The central bank said business sentiment fell due to economic uncertainties.
The BSI for manufacturers came to 69 for January, up 1 point from the previous month. The index for nonmanufacturing firms fell 3 points over the same period to 68.
BY KIM JU-YEON, YONHAP [[email protected]]
with the Korea JoongAng Daily
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