The Bank of Korea reported that the Composite Business Sentiment Index for all industries rose 0.8 points from June to 98.5 in July 2026, while the August outlook increased 1.3 points to 96.5. Both readings remained below the long-term benchmark of 100, indicating weaker sentiment than the historical average. Manufacturing drove the improvement, with its index rising 2 points to 103.2 and its August outlook reaching 100.5. Non-manufacturing sentiment slipped 0.2 points to 95.2, although its outlook rose to 93.7. The Economic Sentiment Index, which combines business and consumer sentiment, increased 1.1 points to 97.9, while its cyclical component edged up 0.2 points to 95.9.
Bank of Korea2026-07-30
Bank of Korea reports improved July business and economic sentiment led by manufacturing
The Bank of Korea reported that overall business sentiment rose 0.8 points to 98.5 in July 2026, led by a 2-point increase in manufacturing sentiment to 103.2. The broader Economic Sentiment Index gained 1.1 points to 97.9, while non-manufacturing sentiment edged down to 95.2.