Consumer Confidence in South Korea decreased to 96 Index Points in November from 99.50 Index Points in October of 2018. Consumer Confidence in South Korea averaged 100.85 Index Points from 1998 until 2018, reaching an all time high of 120.60 Index Points in October of 2009 and a record low of 69.40 Index Points in December of 2008.

Consumer Confidence in South Korea is expected to be 99.30 Index 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 101.80 in 12 months time. In the long-term, the South Korea Consumer Confidence is projected to trend around 102.90 Index Points in 2020, according to our econometric models.

South Korea Consumer Confidence
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Forecast Data Chart
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Calendar GMT Actual Previous Consensus TEForecast
2018-08-27 09:00 PM Consumer Confidence 99 101 100
2018-09-27 09:00 PM Consumer Confidence 102 99 98.6
2018-10-25 09:00 PM Consumer Confidence 100 102 99.5
2018-11-26 09:00 PM Consumer Confidence 96 100 98.8
2018-12-26 09:00 PM Consumer Confidence 96 99.3
2019-01-25 09:00 PM Consumer Confidence
2019-02-26 09:00 PM Consumer Confidence


South Korea Consumer Last Previous Highest Lowest Unit
Consumer Confidence 96.00 99.50 120.60 69.40 Index Points [+]
Retail Sales MoM 0.20 -2.10 5.50 -12.40 percent [+]
Retail Sales YoY 5.00 0.40 20.20 -21.50 percent [+]
Consumer Spending 191478.00 190580.50 191478.00 6809.67 KRW Billion [+]
Disposable Personal Income 1722492.80 1632613.90 1722492.80 2866.70 KRW Billion [+]
Personal Savings 8.80 8.80 25.80 1.10 percent [+]
Consumer Credit 1514376.90 1493155.50 1514376.90 142746.90 KRW Billion [+]
Bank Lending Rate 3.64 3.61 17.01 3.23 percent [+]
Households Debt To GDP 95.20 94.80 95.20 1.40 percent of GDP [+]
Gasoline Prices 1.34 1.48 1.84 0.54 USD/Liter [+]
Consumer Confidence Current Conditions 96.00 93.00 117.00 25.00 [+]
Consumer Confidence Economic Expectations 109.00 112.00 122.00 49.00 [+]
Consumer Confidence Financial Expectations 103.00 103.00 107.00 82.00 [+]
Consumer Confidence Major Purchases Expectations 97.00 96.00 97.00 73.00 [+]
Consumer Confidence Price Trends 139.00 139.00 163.00 129.00 [+]
Consumer Confidence Savings Expectations 97.00 97.00 102.00 82.00 [+]
Consumer Confidence Unemployment Expectations 110.00 121.00 121.00 41.00 [+]


South Korea Consumer Confidence

In South Korea, the Composite Consumer Sentiment Index (CCSI) measures the level of optimism that consumers have about the performance of the economy. The index is based on a survey of around 2200 households. The CCSI is computed as a sum of six variables, including current living standards, prospective household income and prospective spending. A CCSI above 100 indicates an improving outlook and below 100 a deteriorating outlook. 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 - actual data, historical chart and calendar of releases - was last updated on December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
96.00 99.50 120.60 69.40 1998 - 2018 Index Points Monthly
NSA




Country Last Previous
Argentina 32.10 Nov/18
Australia 104.30 Nov/18
Brazil 113.60 Nov/18
Canada 57.05 Nov/18
China 119.10 Oct/18
Euro Area -3.90 Nov/18
France 92.00 Nov/18
Germany 10.40 Dec/18
India 94.00 Dec/18
Indonesia 122.70 Nov/18
Italy 114.80 Nov/18
Japan 42.90 Nov/18
Mexico 99.55 Nov/18
Netherlands 13.00 Nov/18
Russia -14.00 Sep/18
Saudi Arabia 107.00 Jun/18
South Africa 7.00 Sep/18
South Korea 96.00 Nov/18
Spain 91.40 Nov/18
Switzerland -6.00 Dec/18
Turkey 59.60 Nov/18
United Kingdom -13.00 Nov/18
United States 97.50 Dec/18


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