S. Korean business sentiment falls in July: BOK
- 5 years ago
South Korean companies' business sentiment for July has fallen slightly compared to the month before.
According to the Bank of Korea on Tuesday, the business survey index for all industries recorded 73 for this month, down a single point on-month.
South Korean manufacturers' business sentiment also dipped to the lowest in six months at 71.
The central bank pointed to concerns over falling exports prompted by Japan's export restrictions against South Korea.
The figure for July is far below 100... meaning there are more pessimists than optimists on the local economy.
According to the Bank of Korea on Tuesday, the business survey index for all industries recorded 73 for this month, down a single point on-month.
South Korean manufacturers' business sentiment also dipped to the lowest in six months at 71.
The central bank pointed to concerns over falling exports prompted by Japan's export restrictions against South Korea.
The figure for July is far below 100... meaning there are more pessimists than optimists on the local economy.