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South Korea's Business Sentiment Declines in June

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The composite business sentiment index for all industries in South Korea decreased 1.2 points to 97.7 in June from 98.9 in May, while the outlook for the next month fell by 2.4 points to 95.2, according to data released by the Bank of Korea on Thursday.

The seasonally adjusted composite business sentiment index for the manufacturing sector added 0.4 points to 101.2, while the outlook for the following month shed 2.1 points to 98.2, the central bank said.

For the non-manufacturing sector, the seasonally adjusted composite business sentiment index decreased 2.1 points to 95.4, while the outlook for the following month shed 2.7 points to 93.2.

Meanwhile, the economic sentiment index, a composite of the business survey and consumer survey indices, went down 0.7 points to 96.8.

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