The Composite Business Sentiment Index (CBSI) for all industries in South Korea rose by 2.8 points to 90.7 in May, marking the largest increase in two years, according to the Bank of Korea. Despite the rise, the index remains below the long-term average of 100, indicating a pessimistic business sentiment. The increase is attributed to the impact of the U.S. tariff suspension, but concerns remain over the general sluggishness of exports, excluding semiconductors and ships.
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Auto-posted at: 2025-05-28 21:07:43