The Composite Consumer Sentiment Index (CCSI) in South Korea decreased 0.7 points to 102.5 in August of 2021 from 103.2 in the previous month, the lowest since April and marking the second consecutive monthly decline. Households were less optimistic about the current state of the economy (-5 points to 77) and future domestic economic conditions (-2 points to 90). Meantime, sentiment related to future household income edged up (+1 point to 99) while that concerning future household spending fell (-1 point to 107). Consumer sentiment regarding current living standards and future living standards were unchanged at 91 and 96, respectively. source: The Bank of Korea
Consumer Confidence in South Korea averaged 100.13 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 September of 2021.
Consumer Confidence in South Korea is expected to be 105.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the South Korea Consumer Confidence is projected to trend around 110.00 points in 2022, according to our econometric models.