Small Businesses Grow More Pessimistic

      December 27, 2012 12:50

      Smaller Korean businesses are becoming more pessimistic.

      The Korea Federation of Small Business on Wednesday said the business survey index for January next year stood at 82.4, 1.4 points down from the previous month and continuing the downward trend for the third straight month.

      The index was based on a survey of 1,344 small and medium-sized firms.

      A reading below 100 means that pessimists outnumber optimists.

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