In August, Korean enterprises felt that the economic boom was "uneven" and the manufacturi

According to Yonhap's report on August 25, according to the August business climate survey index (BSI) released by the Bank of Korea (central bank) on August 25, the BSI of the whole industry in August was 87, which remained stable after five consecutive months of decline. The BSI of manufacturing industry was 96, down 2 percentage points from the previous month, but the index of non manufacturing industries such as service industry was 81, up 2 percentage points from the previous month. The BSI index reflects entrepreneurs' feelings about the business situation. When the number of negative evaluations of performance exceeds the number of positive evaluations, the index will fall below 100. From the BSI index of specific manufacturing industries, the machinery and equipment manufacturing industry droped sharply by 10 percentage points due to the slowdown in the demand of downstream industries such as construction; The automobile and electronic and communication equipment manufacturing industries decreased by 8 percentage points and 3 percentage points respectively. From the BSI index of manufacturing enterprises of different sizes, large enterprises decreased by 1 percentage point and small and medium-sized enterprises decreased by 3 percentage points. From the BSI index of non manufacturing industries, the facility management and leasing industry increased by 9%, the sports and leisure industry increased by 7%, and the retail and wholesale industry increased by 5%.

Source: Yonhap