South Korea Consumer Confidence

South Korea, KRW
Importance
Low
Sector:
Consumer
Source:
Bank of Korea
100.8
105.7
103.6
Last release
Actual Act
Forecast Fcst
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95.4
100.8
Next release
Forecast Fcst
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The Consumer Confidence Index reflects individuals' expectations concerning the economic activity. It is calculated based on a monthly survey of households, which includes consumers' opinion on the following: general economic situation in South Korea, respondents' own financial condition, as well as their saving and spending intentions. The survey participants give an estimate of trends over the past twelve months and a forecast for the next twelve months. The short-term outlook of the South Korean economy is measured based on the Consumer Confidence Index.

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