KIET Manufacturing Business Survey Index (BSI) for the 4th Quarter 2019
The overall composite Business Survey Index for the manufacturing sector in Q4 2019 remained under the baseline (100). However, all feeder indices excepting exports (90) have slightly increased compared to the previous quarter. Financial conditions (83) maintained levels recorded in Q3. BSI forecasts for the 1st quarter of 2020 indicate that manufacturers anticipate an unfavorable business environment.
Most indices for the manufacturing sector are forecast to be below the baseline; only inventory (100), facilities investment (100), employment (98), and ordinary profit (87) are expected to improve performance. On a year-on-year basis, the overall BSI outlook on business conditions does not look very promising, excepting facilities investment (101) and employment (100).