KIET Manufacturing Business Survey Index (BSI) for the 4th Quarter of 2025

Jung Min Han
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Jung Min Han: Korea Institute for Industrial Economics and Trade

Industrial Economic Review from Korea Institute for Industrial Economics and Trade

Abstract: In Q4 2025, the Manufacturing Business Survey Index (BSI) rebounded on a quarter-on-quarter basis, with the business conditions index at 84 and the sales index at 86. The outlook BSI for Q1 2026 also showed a modest improvement, with the business conditions and sales indices rising to 91 and 93, respectively.

In Q4 2025, sales conditions improved across most industries, including wireless communication equipment, while the Q1 2026 outlook strengthened mainly in the machinery and materials sectors. The annual outlook BSI for 2026 indicates manufacturing sales expectations of 95, with new industries, large companies, and the biotech and health care segments expected to record indices above 100.

Keywords: manufacturing business survey index; BSI (search for similar items in EconPapers)
JEL-codes: E66 (search for similar items in EconPapers)
Date: 2026
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Published in KIET Industrial Economic Review, Vol. 31, No. 1

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