Xinhua, Seoul :
Sentiment among South Korean businesses fell for the second consecutive month due to cheaper crude oil, central bank data showed Thursday.
The business sentiment index (BSI) for manufacturers stood at 78 in June, down 4 points from the previous month, according to the Bank of Korea (BOK). The index below 100 means pessimists outnumbered optimists.
It was based on a survey of 1,762 manufacturers and 1,120 non-manufacturers conducted on June 15-22.
The figure gained ground from January to April thanks to exports recovery, but it began to decline from May as cheaper crude oil lowered oil product- related exports.
Sentiment among South Korean businesses fell for the second consecutive month due to cheaper crude oil, central bank data showed Thursday.
The business sentiment index (BSI) for manufacturers stood at 78 in June, down 4 points from the previous month, according to the Bank of Korea (BOK). The index below 100 means pessimists outnumbered optimists.
It was based on a survey of 1,762 manufacturers and 1,120 non-manufacturers conducted on June 15-22.
The figure gained ground from January to April thanks to exports recovery, but it began to decline from May as cheaper crude oil lowered oil product- related exports.
