Experts Predict Improvement in September Manufacturing Business Conditions

[Economy 365]

Experts have forecasted that manufacturing business conditions will improve next month.

According to a survey of 126 industry experts conducted by the Korea Institute for Industrial Economics and Trade, the business outlook index for the manufacturing sector in September stood at 108, surpassing the baseline of 100 for the first time in two months.

The domestic market outlook index recorded 105 and exports reached 118, while projections for production and profitability also exceeded the baseline.

By industry, semiconductors scored 150 and bio-health recorded 124, whereas displays and chemicals fell below 100.

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