The Composite Business Sentiment Index (CBSI) for all industries in South Korea rose by 2.8 points to 90.7 in May, the largest increase in two years, according to the Bank of Korea. Despite the rise, the index remains below the long-term average level of 100, indicating a pessimistic outlook. The increase is attributed to the impact of tariff suspensions by the United States, but it remains to be seen if the improvement will continue due to generally sluggish export performance.
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Auto-posted at: 2025-05-28 21:06:56