Global uncertainties apparently have South Korean manufacturers gloomy about the fourth quarter.
According to a survey of 2-thousand local firms released Monday by the Korea Chamber of Commerce and Industry, business sentiment fell one point from the previous quarter to 72 for the October to December period.
A reading below 100 means pessimists outnumber optimists.
The chamber says exports have been weak for 10 straight months, while listed companies saw their operating profits decline in the first half of the year by 37 percent.
It attributed the weakness mainly to the U.S.-China trade war, Japan's export curbs and fluctuating raw material prices.