Business confidence in South Korea ebbed in January, the latest survey from the Bank of Korea showed on Friday with a Business Survey Index score of 66.0 – down from 71.0 in December.
The outlook for the following month also fell by 3 points to 65.
In the non-manufacturing sector, the BSI on business conditions for January 2023 was 71, down 5 points from the previous month, and the outlook for the following month also fell by 2 points to 70.
The Economic Sentiment Index (ESI)-a composite of the BSI and the CSI (Consumer Survey Index) – for January 2023 was 90.1, down 1.4 points from December 2022.
The material has been provided by InstaForex Company – www.instaforex.com
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