Log in
Log in
Or log in with
GoogleGoogle
Twitter Twitter
Facebook Facebook
Apple Apple     
Sign up
Or log in with
GoogleGoogle
Twitter Twitter
Facebook Facebook
Apple Apple     
News
All NewsCompaniesIndexesCurrency / ForexCommoditiesCryptocurrenciesETFInterest RatesEconomyThemesSectors 

South Korean manufacturers' business sentiment slides to lowest in two years

09/28/2022 | 05:03pm EST
A factory is seen in Incheon

SEOUL (Reuters) - South Korean manufacturers' business confidence tumbled to its lowest level in two years in October, a central bank survey showed on Thursday, with companies citing sharp rises in raw material prices and an uncertain economic outlook.

The seasonally adjusted business outlook index for manufacturers fell to 73 for October, down from 82 for September, according to the Bank of Korea.

The index for the non-manufacturers stood at 81 for October, unchanged from September.

A total of 3,255 companies, including 1,676 manufacturers, were polled nationwide from Sept. 14 to 21, the central bank said.

(Reporting by Jihoon Lee; Editing by Edwina Gibbs)


ę Reuters 2022
Latest news "Economy"
02:37aSaudi Aramco's Luberef expects to raise up to $1.32 billion from IPO
RE
02:11aIndia plans federal oversight of all real-money online games-sources, document
RE
01:46aS.Korea's Yoon prepares to widen back-to-work order amid truckers' strike
RE
01:44aChina's Xi unwilling to accept vaccines despite threat from protests-U.S. intel
RE
01:27aIndonesia raises volcano warning to highest after Semeru erupts, evacuation underway
RE
01:27aIslamic State claims responsibility for attack on Pakistani embassy in Kabul
RE
12:58aChinese cities announce further easing of COVID curbs
RE
12:39aIndonesian authoritiy has increased the level of warning for sem…
RE
12:35aJapan cautious on capital gains tax; must stick to increasing defence
RE
12:12aIndonesia's Semeru volcano erupts, people warned to stay away
RE
Latest news "Economy"