Sentiment among South Korean businesses over the economic situation worsened this month amid lingering economic uncertainties, central bank data showed Thursday.
The business survey index (BSI) in all industries fell 1 point over the month to 69 in January, marking the lowest in 11 months since February last year, according to the Bank of Korea (BOK). It came as economic uncertainties lingered such as the faltering housing market, caused by high interest rates.
The BSI among non-manufacturers, including construction companies, declined 3 points from a month earlier to 67 in January, while the index for manufacturers added 1 point to 71.—Xinhua
