Bank Of Baku

South Korea September manufacturing sentiment steps up to one-and-a-half year high

South Korea September manufacturing sentiment steps up to one-and-a-half year high
# 31 August 2016 01:28 (UTC +04:00)

Baku-APA. A gauge of South Korean manufacturers' sentiment over future business conditions rose to its highest in a year-and-a-half for September, a central bank survey showed on Wednesday, as exports prospects brightened from the previous month, APA reports quoting Reuters.

 

The Bank of Korea's manufacturing business survey index (BSI) for September stood at a seasonally adjusted 77, compared with 73 for August.

 

It was the highest reading since the index stood at 80 in March 2015.

 

An index reading below 100 indicates that the number of companies that expect business conditions to deteriorate in the following month outnumbers those seeing improvement.

 

The index has remained below 100 since January 2011.

 

The outlook for future business sentiment rose for all respondents, especially for exporters and conglomerates.

1 2 3 4 5 İDMAN XƏBƏR
#
#

THE OPERATION IS BEING PERFORMED