Domestic manufacturing sentiment has remained above the baseline for two consecutive months, with expectations for improvement in the coming month. Notably, the semiconductor and automotive sectors are anticipated to perform well, while the steel industry is expected to continue its downturn.
According to the 'Industrial Business Expert Survey' released by the Industrial Research Institute (KIET) on September 20, the October manufacturing outlook expert survey index (PSI) rose to 113, an increase of 5 points from the previous month. A PSI of 100 serves as the baseline, with values closer to 200 indicating a more favorable outlook compared to the previous month, while values near 0 suggest a worsening situation.
The domestic demand outlook stands at 111, and exports are at 118, both exceeding the baseline. Production is at 119, and investment is at 117, with profitability also surpassing the baseline at 103.
By sector, semiconductors lead with a PSI of 144, followed by bio-health at 124, automotive at 123, home appliances at 113, and displays and machinery and chemicals each at 106, all above the baseline. The automotive outlook saw a significant increase of 23 points from the previous month. In contrast, the steel sector dropped 11 points to 89, falling below the baseline. Shipbuilding, mobile phones, and textiles remained at the baseline of 100.
Currently, manufacturing sentiment continues to show improvement. The September manufacturing status PSI held steady at 107, maintaining its position above the baseline of 100 for the second consecutive month. Domestic demand reached 106, surpassing the baseline for the first time in three months, while exports remained strong at 119, exceeding the baseline for five consecutive months. Production and investment recorded 112 each. However, despite product prices rising to 125, profitability fell to 97, remaining below the baseline for three months.
In September, the semiconductor sector maintained a high PSI of 144, while chemicals rose 23 points from the previous month to 117. Mobile phones recorded 112, displays at 108, textiles at 107, machinery at 106, and automotive at 104, all above the baseline. Conversely, shipbuilding dropped 14 points to 86, and steel fell 11 points to 67.
By industry type, the ICT sector significantly exceeded the baseline with a PSI of 120. The materials sector also rose 7 points from the previous month to 102, surpassing the baseline for the first time in four months, while the machinery sector reached the baseline at 100.
According to the 'Industrial Business Expert Survey' released by the Industrial Research Institute (KIET) on September 20, the October manufacturing outlook expert survey index (PSI) rose to 113, an increase of 5 points from the previous month. A PSI of 100 serves as the baseline, with values closer to 200 indicating a more favorable outlook compared to the previous month, while values near 0 suggest a worsening situation.
The domestic demand outlook stands at 111, and exports are at 118, both exceeding the baseline. Production is at 119, and investment is at 117, with profitability also surpassing the baseline at 103.
By sector, semiconductors lead with a PSI of 144, followed by bio-health at 124, automotive at 123, home appliances at 113, and displays and machinery and chemicals each at 106, all above the baseline. The automotive outlook saw a significant increase of 23 points from the previous month. In contrast, the steel sector dropped 11 points to 89, falling below the baseline. Shipbuilding, mobile phones, and textiles remained at the baseline of 100.
Currently, manufacturing sentiment continues to show improvement. The September manufacturing status PSI held steady at 107, maintaining its position above the baseline of 100 for the second consecutive month. Domestic demand reached 106, surpassing the baseline for the first time in three months, while exports remained strong at 119, exceeding the baseline for five consecutive months. Production and investment recorded 112 each. However, despite product prices rising to 125, profitability fell to 97, remaining below the baseline for three months.
In September, the semiconductor sector maintained a high PSI of 144, while chemicals rose 23 points from the previous month to 117. Mobile phones recorded 112, displays at 108, textiles at 107, machinery at 106, and automotive at 104, all above the baseline. Conversely, shipbuilding dropped 14 points to 86, and steel fell 11 points to 67.
By industry type, the ICT sector significantly exceeded the baseline with a PSI of 120. The materials sector also rose 7 points from the previous month to 102, surpassing the baseline for the first time in four months, while the machinery sector reached the baseline at 100.
* This article has been translated by AI.
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