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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
South KoreaSouth Korea Business Confidence climbed to 74 in April 2026
FMPMonthlyReleased April 2026
South Korea Business Confidence climbed to 74 in April 2026, up 3 from March's 71 reading. The print exceeded the 69 consensus by 5. The print is running well above the 12-month average of 70.25. Over the past 3 months, Business Confidence averaged 71.5, vs 71 in the prior 3-month window. Business Confidence is now the highest in 21 months.
Latest Release
74
Actual
69
Consensus
71
Previous
Median Absolute Error
±2.71 percentage points
across last 12 releases
Last Call
Mar 2026
Predicted: 67.5
Actual: 71
Error: -3.5
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Signal Bias | Action |
|---|---|---|---|---|---|
| Nikkei 225 | ▼ Inverse | −0.75 | INDEX | Bearish Nikkei 225 | → View |
| KOSPI | ▼ Inverse | −0.53 | INDEX | Bearish KOSPI | → View |
| USD/KRW | ▲ Direct | +0.51 | FOREX | Bullish USD | → View |
| BTC/USD | ▼ Inverse | −0.36 | CRYPTO | Bearish BTC | → View |
| S&P 500 | ▼ Inverse | −0.35 | INDEX | Bearish S&P 500 | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
The April 2026 reading rose from the previous value of 71. Over the last 12 releases, the Sigmanomics model has produced a median absolute forecast error of ±2.71. Historically, this indicator is negatively correlated with Nikkei 225 (Bearish Nikkei 225) and negatively correlated with KOSPI (Bearish KOSPI).
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Business Confidence - KR
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