The Business Survey Index (BSI) on business conditions in the manufacturing sector in South Korea eased to 86 in May of 2022 from 87 in the prior month. Still, the index measuring the outlook for June edged up by one point to 87. In the non-manufacturing sector, the BSI on business conditions was 86, edging up from 87 in the prior month, while the outlook for the following month forecasted business conditions to remain steady. source: The Bank of Korea
Business Confidence in South Korea averaged 80.30 points from 1991 until 2022, reaching an all time high of 119 points in December of 1994 and a record low of 35 points in March of 1998. This page provides the latest reported value for - South Korea Business Confidence - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. South Korea Business Confidence - data, historical chart, forecasts and calendar of releases - was last updated on June of 2022.
Business Confidence in South Korea is expected to be 83.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the South Korea Business Confidence is projected to trend around 80.00 points in 2023, according to our econometric models.