The Composite Consumer Sentiment Index (CCSI) in South Korea increased to 97.4 points in February 2021 from 95.4 in the previous month. Five of the six sub indices improved, mainly nudged by current domestic economic conditions (+7 to 63) and future household spending (+2 to 104). Current living standards (87), future living standards (94) and future domestic economic conditions (90) gained one point each, whereas future household income remained unchanged at 96. source: The Bank of Korea
Consumer Confidence in South Korea averaged 100.05 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 February of 2021.
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. Looking forward, we estimate Consumer Confidence in South Korea to stand at 100.00 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.