South Korea’s Business Survey Index for the manufacturing sector stood at 70 in December, unchanged from 70 in November.

Production rose to 82 from 80, new orders rose to 78 from 76, inventories remained at 102, and the financial situation improved to 81 from 79.

Meanwhile the Economic Sentiment Index, which combines the BSI and the Consumer Survey Index, fell to 93.1 in December, down 1.0 points from November, reflecting a modest deterioration in overall economic confidence.