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[Monitor] South Korea‘s business outlook by firms remain weak

While business outlook by companies in such countries as the US and China continue to be robust this year, South Korea’s business outlook remains weak, hovering below the benchmark for 18th consecutive month, a report by the Korea Economic Research Institute said Tuesday.

The business survey sentiment for November remained dim at 96.5 for November, mainly due to an unbalanced growth in exports and sluggish domestic demand.

An index below 100 means pessimists outnumber optimists.