The Composite Consumer Sentiment Index (CCSI) in South Korea increased to 102.2 points in April of 2021 from 100.5 in the previous month. Consumer confidence has risen for the fourth consecutive month to its highest since January of 2020, as five of the six sub-indices improved, mainly nudged by current domestic economic conditions (+5 to 77) and current living standards (+3 to 92). There were also improvements in future living standards (+1 to 96), future household income (+1 to 97), and future domestic economic conditions (+1 to 94). source: The Bank of Korea
Consumer Confidence in South Korea averaged 100.06 points from 1998 until 2021, reaching an all time high of 121.50 points in October of 2009 and a record low of 67.70 points in December of 2008. This page provides the latest reported value for - South Korea Consumer Confidence - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. South Korea Consumer Confidence - data, historical chart, forecasts and calendar of releases - was last updated on May of 2021.
Consumer Confidence in South Korea is expected to be 101.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Consumer Confidence in South Korea to stand at 108.00 in 12 months time. In the long-term, the South Korea Consumer Confidence is projected to trend around 110.00 points in 2022, according to our econometric models.