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Financial News: South Korea Business Sentiment Ticks Higher In September

South Korea Business Sentiment Ticks Higher In September

09/28/2020 - 18:55:00 (RTTNews)

(RTTNews) - Business sentiment in South Korea improved slightly in September, the latest survey from the Bank of Korea showed on Tuesday with a Business Survey Index score of 68.

That's up 2 points from the previous month, but the outlook for the following month remained unchanged at 68.

After seasonal adjustment, the BSI for September 2020 was 68, unchanged from August 2020, but that for the outlook for the following month also rose by 2 points to 70.

In the non-manufacturing sector, the BSI on business conditions for September 2020 was 62, down 4 points from the previous month, and that for the outlook for the following month also fell by 7 points to 62.

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