FX.co ★ South Korean Business Confidence Weakens in October

In October, South Korea's Business Survey Index for the manufacturing sector declined to 68 from September's figure of 70. Production decreased to 79 from the previous month's 83, while new orders remained steady at 77. Inventories increased slightly to 104 from 103, and the financial situation saw some improvement, rising to 82 from 80. Additionally, the Economic Sentiment Index, which merges the BSI with the Consumer Survey Index, rose to 94.4 in October, marking a 3.1-point increase from September. This indicates a modest boost in overall economic confidence.