Business sentiment in South Korea’s manufacturing sector strengthened in July, the latest survey from the Bank of Korea showed on Thursday with an index score of 57.0 – up from 51.0 in June.
The outlook for the following month also rose by 9 points to 60.0.
In the non-manufacturing sector, the BSI on business conditions for July 2020 was 62, up 2 points from the previous month, and that for the outlook for the following month also rose by 1 point to 60.
The Economic Sentiment Index (ESI) – a composite of the BSI and the CSI (Consumer Survey Index) – for July 2020 was 69.5, up 6.4 points from June 2020.
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