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South Korea's business sentiment improved in March, driven by strong exports and inflation pressures, with officials urging reform to sustain recovery.
South Korea's business sentiment turned positive in March for the first time in four years, with the BSI rising to 102.7, driven by strong semiconductor and auto exports, particularly in manufacturing.
The producer price index rose 0.6% in January, marking five straight monthly increases and a 1.9% annual gain, signaling persistent inflation.
Consumer confidence also improved in February, supported by a stock market rally and higher semiconductor exports.
Officials called for regulatory reform to sustain the recovery.
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El sentimiento empresarial de Corea del Sur mejoró en marzo, impulsado por las fuertes exportaciones y las presiones inflacionarias, y los funcionarios instaron a la reforma para sostener la recuperación.