South Korea May Business Sentiment Index 70.0 - BoK

RTTNews | il y a 828
South Korea May Business Sentiment Index 70.0 - BoK

(RTTNews) - The Bank of Korea's Business Survey Index (BSI) on business conditions in the manufacturing sector for May came in with a seasonally adjusted score of 70.0 - missing forecasts for 72.0 and up from the downwardly revised 67.0 in April (originally 68.0).

In the non-manufacturing sector, the BSI on business conditions for May was a seasonally adjusted 76, up four points from April. The outlook also rose by two points to 75.

The Economic Sentiment Index (ESI)-a composite of the BSI and the CSI (Consumer Survey Index) - for May was 94.2, up 0.4 points from April.

read more
Bank Of Korea Stands Pat On Rates, Lifts 2025 Growth Outlook

Bank Of Korea Stands Pat On Rates, Lifts 2025 Growth Outlook

The Bank of Korea left its interest rate unchanged on Thursday as economic growth improved moderately despite high uncertainty surrounding the outlook. The Monetary Policy Board decided to hold the Base Rate at 2.50 percent. The central bank had previously lowered the benchmark rate by a quarter-point each in May and February.
RTTNews | il y a 21h 49min