Economic Optimism Index in South Korea increased to 70 Net Balance in July from 63 Net Balance in June of 2020.
Economic Optimism Index in South Korea averaged 98.61 Net Balance from 2003 until 2020, reaching an all time high of 117 Net Balance in March of 2006 and a record low of 55 Net Balance in December of 2008. This page provides - South Korea Economic Optimism Index- actual values, historical data, forecast, chart, statistics, economic calendar and news. South Korea Economic Optimism Index - values, historical data and charts - was last updated on August of 2020. source: The Bank of Korea
South Korea Economic Optimism Index
In South Korea, The Economic Sentiment Index (ESI) is a composite of the BSI (Business Survey Index) and the CSI (Consumer Survey Index). The index is compiled to comprehensively grasp the private sector perception of economic conditions, including the sentiments of both businesses and consumers. An ESI reading above 100 is interpreted as meaning that economic sentiment in the private sector, including that of both businesses and consumers, is on a level better than past averages (and vice versa when the reading is below 100), since the ESI is constructed so that it is distributed around a long-term mean of 100 and a standard deviation of 10.