Korea Business News Agency - NSP NEWS.

(Seoul=NSP NEWS) = The March All Industry Composite Business Sentiment Index(CBSI) rose 1.4 points from the previous month. This is due to the relaxation of the land transaction permit system and the boom in semiconductor exports. However, the outlook for business sentiment in April worsened again as concerns about the Trump administration’s reciprocal tariffs were reflected.

According to the ‘2025 March Business Survey Results’ released by the Bank of Korea on the 26th, the CBSI for all industries in March rose 1.4p from the previous month to 86.7. The CBSI is a psychological index calculated using five major indices for the manufacturing industry and four major indices for the non-manufacturing industry. A value greater than 100 indicates optimism compared to the long-term average, while a value less than 100 indicates pessimism.

The Bank of Korea explained, “Manufacturing conditions improved due to increased sales, including brisk exports of semiconductors, wireless communications, and automobiles, and non-manufacturing conditions also improved due to seasonal factors and increased real estate transactions.”

On the other hand, the CBSI outlook for April showed a 1.2-point month-on-month decline to 89.9 for manufacturing and a 3.4-point month-on-month decline to 82.4 for non-manufacturing. The outlook for manufacturing is expected to deteriorate in April, led by electronic, video and communication equipment, electrical equipment and automobiles. The non-manufacturing industry is expected to deteriorate, mainly in the information and communication industry, wholesale and retail trade, and construction.

By Soon-ki Lee(s8789@nspna.com) and Soo-in Kang(sink606@nspna.com)

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