South Korea data on the slide: Business Outlook for July 82 vs. 85 in June

Bank of Korea data

July Manufacturing Business Outlook index comes in at 82, its lowest since January 2021

  • was 85 for June

Non-manufacturing 80, its lowest since August 2021

  • vs. 85 prior

The Bank of Korea is hiking rates to combat rising inflation, weighing on economic indicators such as this.

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