Menu Content
Go Top

Economy

S. Korea's Biz Sentiment Worsens in December Due to Resurgence of COVID-19

Written: 2020-12-30 08:59:15Updated: 2020-12-30 10:30:45

S. Korea's Biz Sentiment Worsens in December Due to Resurgence of COVID-19

Photo : YONHAP News

South Korean firms' business sentiment worsened in December due to the resurgence of COVID-19.

According to the Bank of Korea on Wednesday, the business survey index(BSI) for all industries came to 75, down three points from the previous month. 

A reading below 100 means pessimists outnumber optimists.    

The index jumped ten points to 74 in October and climbed to 78 in November, but the rising streak snapped in December due to the resurgence of coronavirus infections.

The index for manufacturers slipped three points on-month to 82, while the BSI for non-manufacturers, which includes restaurants, wholesale and retail businesses, fell five points to 68.

Editor's Pick

Close

This website uses cookies and other technology to enhance quality of service. Continuous usage of the website will be considered as giving consent to the application of such technology and the policy of KBS. For further details >