SEOUL, Feb. 27 (Xinhua) -- Sentiment among South Korean businesses over economic situation stayed low on weak export, which accounts for about half of the export-driven economy, central bank data showed on Wednesday.
The business sentiment index (BSI) stood unchanged at 69 in February compared with the previous month, staying in the lowest level in nearly three years, according to the Bank of Korea (BOK).
The reading below 100 indicates pessimists outnumbering optimists. It reflects the economic outlook among local companies.
The pessimistic forecast for economic conditions came as the country's export kept sliding for two months through January.
However, the prospective BSI for March advanced 8 points over the month to 76, posting the biggest monthly rise since September 2009.
It was attributed to positive expectations for global trade talks and strong demand from China, the world's second-biggest economy.