South Korea’s Composite Consumer Sentiment Index rose by 6.9 points to 106.1 in May 2026, as households grew more optimistic about economic conditions and income prospects. Sentiment regarding current living standards increased to 93 from 91, while expectations for future living standards rose five points to 97. Consumer sentiment for future household income edged up to 100, and expectations for future household spending increased to 110. Confidence in current domestic economic conditions jumped 15 points to 83, while expectations for future economic conditions rose 14 points to 93. Meanwhile, inflation expectations remained stable, with the one-year ahead expected inflation rate at 2.8%, while three-year and five-year ahead expectations both stood at 2.6%. source: The Bank of Korea

Consumer Confidence in South Korea increased to 106.10 points in May from 99.20 points in April of 2026. Consumer Confidence in South Korea averaged 100.56 points from 1998 until 2026, reaching an all time high of 122.10 points in October of 2009 and a record low of 69.20 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 2026.

Consumer Confidence in South Korea increased to 106.10 points in May from 99.20 points in April of 2026. Consumer Confidence in South Korea is expected to be 95.00 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 107.00 points in 2027 and 105.00 points in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-04-22 09:00 PM
Consumer Confidence
Apr 99.2 107.0 105
2026-05-21 09:00 PM
Consumer Confidence
May 106.1 99.2 96
2026-06-22 09:00 PM
Consumer Confidence
Jun 106.1 95


Related Last Previous Unit Reference
Bank Lending Rate 4.20 4.26 percent Mar 2026
Consumer Confidence 106.10 99.20 points May 2026
Consumer Credit 1993110.80 1979088.40 KRW Billion Mar 2026
Consumer Spending 281899.10 280610.30 KRW Billion Mar 2026
Disposable Personal Income 2588759.30 2438258.30 KRW Billion Dec 2024
Economic Optimism Index 91.70 94.00 points Apr 2026
Personal Savings 35.90 34.40 percent Dec 2025


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.
Actual Previous Highest Lowest Dates Unit Frequency
106.10 99.20 122.10 69.20 1998 - 2026 points Monthly
NSA

News Stream
South Korea Consumer Confidence Rises in May
South Korea’s Composite Consumer Sentiment Index rose by 6.9 points to 106.1 in May 2026, as households grew more optimistic about economic conditions and income prospects. Sentiment regarding current living standards increased to 93 from 91, while expectations for future living standards rose five points to 97. Consumer sentiment for future household income edged up to 100, and expectations for future household spending increased to 110. Confidence in current domestic economic conditions jumped 15 points to 83, while expectations for future economic conditions rose 14 points to 93. Meanwhile, inflation expectations remained stable, with the one-year ahead expected inflation rate at 2.8%, while three-year and five-year ahead expectations both stood at 2.6%.
2026-05-21
South Korea Consumer Sentiment Hits 15-Month Low
South Korea’s Composite Consumer Sentiment Index fell to 99.2 in April 2026 from 107.0 in March.This marks the first time the index has dropped below the neutral 100 threshold since early 2025 and represents the steepest single-month decline since December 2024. Sentiment regarding current living standards fell to 91, while expectations for the future outlook dropped to 92. Future household income sentiment declined to 98 and expectations for future spending slipped to 108. Views on current domestic economic conditions plunged 18 points to 68, while expectations for future conditions fell to 79. Overall, confidence deteriorated as the Middle East conflict fueled energy price pressures and market volatility. Inflation expectations were 2.9% for the year ahead, 2.6% for the three-year horizon and 2.6% for the five-year horizon.
2026-04-22
South Korea Consumer Confidence Deteriorates
South Korea’s Composite Consumer Sentiment Index stood at 107.0 in March 2026, down 5.1 points from 112.1 in February to mark a significant retreat from the 8-year high reached earlier in the period. Consumer sentiment regarding current living standards was 94, two points lower than in February, while expectations for the future outlook were 97, four points lower than in the previous month. Sentiment about future household income fell to 101, and expectations for future household spending remained at 111. Consumers’ views on current domestic economic conditions weakened to 86, while expectations for future domestic economic conditions fell to 89. Overall, the data suggest a notable decline in confidence driven by significantly lower assessments of the domestic economy and its future prospects. Inflation expectations were 2.7% for the year ahead, 2.6% for the three-year horizon and 2.5% for the five-year horizon.
2026-03-24