Business Outlook for February Bleakest in 7 Months

      January 29, 2016 11:57

      A decline in private consumption compounded by fears of slow economic growth in China caused the Korean businesses to arrive at their bleakest outlook since last July.

      In a survey of 600 Korean companies by the Federation of Korean Industries, the index for business sentiment for February stood at 86.3.

      Any reading below 100 means pessimists outnumber optimists.

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