South Korea Consumer Confidence  1998-2017 | Data | Chart | Calendar

South Korea's consumer confidence surged to 108.0 in May from 101.2 in the previous month. It was the fourth straight increase following three consecutive declines and the highest print since April of 2014. The sharp increase was mainly boosted by a 22 point gain in the component of future domestic economic conditions, which currently stands at 111. Current domestic economic conditions rose by 13 points from April and currently stand at 82. Future living standards (103 from 98); future household income (102 from 90); and current living standards (92 from 90) all improved in May. In contrast, future household spending remained unchanged at 106. Consumer Confidence in South Korea averaged 100.50 from 1998 until 2017, reaching an all time high of 120.10 in October of 2009 and a record low of 71.20 in December of 2008.

South Korea Consumer Confidence
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Calendar GMT Actual Previous Consensus Forecast (i)
2017-03-23 09:00 PM Mar 96.7 94.4 97
2017-04-24 09:00 PM Apr 101.2 96.7 95
2017-05-25 09:00 PM May 108.0 101.2 102
2017-06-26 09:00 PM Jun 108.0 109
2017-07-24 09:00 PM Jul 109
2017-08-24 09:00 PM Aug 108.80




South Korea Consumer Last Previous Highest Lowest Unit
Consumer Confidence 108.00 101.20 120.10 71.20 [+]
Retail Sales MoM 0.70 -0.10 5.70 -13.30 percent [+]
Retail Sales YoY 2.80 1.40 19.90 -12.60 percent [+]
Consumer Spending 183116.60 182457.40 183116.60 6809.67 KRW Billion [+]
Disposable Personal Income 1632613.90 1560594.10 1632613.90 2866.70 KRW Billion [+]
Personal Savings 9.30 9.40 25.80 1.10 percent [+]
Consumer Credit 1359653.80 1344279.30 1359653.80 142746.90 KRW Billion [+]
Bank Lending Rate 3.42 3.48 17.01 3.23 percent [+]
Gasoline Prices 1.32 1.31 1.84 0.54 USD/Liter [+]
Households Debt To Gdp 92.80 91.60 92.80 1.40 percent of GDP [+]


South Korea Consumer Confidence Notes

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 June of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
108.00 101.20 120.10 71.20 1998 - 2017 Monthly
NSA



consumer confidence by Country

Last
Australia 96.23 Jun/17
Brazil 100.50 Jun/17
Canada 53.43 Jun/17
China 112.00 May/17
Euro Area -1.30 Jun/17
France 102.00 May/17
Germany 10.40 Jun/17
India 136.00 Dec/16
Indonesia 125.90 May/17
Italy 105.40 May/17
Japan 43.60 May/17
Mexico 85.78 May/17
Netherlands 23.00 Jun/17
Russia -15.00 Mar/17
South Korea 108.00 May/17
Spain 105.40 May/17
Switzerland -8.00 Jun/17
Turkey 70.00 Jun/17
United Kingdom -5.00 May/17
United States 94.50 Jun/17