South Korea's Business Confidence Rises in October
MT Newswires Live08:12
The Composite Business Survey Index (CBSI) for South Korean enterprises increased by 5.1 points to 104.2 in October, according to data from the Bank of Korea on Thursday.
The latest reading compared with 99.1 points recorded in the previous month, marking the highest level in more than four years.
Within the manufacturing sector, the index edged up 6.1 points to 105.6, while the index for the non-manufacturing sector rose 4.3 points to 103.2.
Meanwhile, the Economic Sentiment Index, which combines the CBSI and the Consumer Survey Index (CSI), rose 0.9 points to 100.8.
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