Financial News: South Korea May Business Sentiment Index 70.0 -

South Korea May Business Sentiment Index 70.0 - BoK

05/23/2023 - 17:19:00 (RTTNews)

(RTTNews) - The Bank of Korea's Business Survey Index (BSI) on business conditions in the manufacturing sector for May came in with a seasonally adjusted score of 70.0 - missing forecasts for 72.0 and up from the downwardly revised 67.0 in April (originally 68.0).

In the non-manufacturing sector, the BSI on business conditions for May was a seasonally adjusted 76, up four points from April. The outlook also rose by two points to 75.

The Economic Sentiment Index (ESI)-a composite of the BSI and the CSI (Consumer Survey Index) - for May was 94.2, up 0.4 points from April.

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