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Bank of Korea (BOK) on Friday (March 28) announced the results of South Korea April manufacturing survey index fell for two consecutive months, showing a decline in the country's economic momentum. Bank of Korea said in April manufacturing business climate index fell from March 82 to 80；The index reading below 100 indicates that the expected future business conditions worsen months than the company expected business conditions will improve in the company. The index since January 2011, has been below than 100.
Respondents said weak domestic demand and uncertain economic situation are greatest difficulties that enterprises are facing.
South Korea will soon publish February industrial output data, analysts expect the index will decline 0.1 percent monthly rate.
Despite the poor economic performance of the country's beginning, Bank of Korea's economic growth is expected during 3.8 percent economic growth and in 2013 this data is 3%.
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