South Korea Consumer Confidence  Forecast


South Korea Consumer Confidence
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Consumer Confidence in South Korea is expected to be 106.00 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 101.18 in 12 months time. In the long-term, the South Korea Consumer Confidence is projected to trend around 102.00 in 2020, according to our econometric models.


South Korea Consumer Last Q4/17 Q1/18 Q2/18 Q3/18 2020
Consumer Confidence 112 106 107 106 101 102
Retail Sales MoM -2.9 0.1 0.3 0.1 0.33 0.9
Retail Sales YoY -0.2 5.2 3.49 4.2 4.56 6
Consumer Spending 186427 187000 188000 186000 188259 201000
Disposable Personal Income 1632614 1689829 1704337 1630735 1733355 1849979
Personal Savings 9.3 9 9.8 9.8 9.77 11.4
Consumer Credit 1419128 1445484 1470950 1493680 1514882 1633186
Bank Lending Rate 3.46 3.5 3.67 3.4 4.05 3.7
Households Debt To Gdp 93.8 93.72 93.3 94 93.83 93.37
Gasoline Prices 1.41 1.28 1.26 1.19 1.19 1.1
Consumer Confidence Current Conditions 96 89.84 84.21 80.26 77.77 74.19
Consumer Confidence Economic Expectations 109 99.78 95.8 93.2 91.51 88.42
Consumer Confidence Financial Expectations 103 101 99.95 99.56 99.4 99.31
Consumer Confidence Major Purchases Expectations 97 94.69 93.3 92.42 91.93 91.42
Consumer Confidence Price Trends 139 140 140 140 141 142
Consumer Confidence Savings Expectations 97 95.75 95.18 94.82 94.6 94.24
Consumer Confidence Unemployment Expectations 110 95.02 91.79 89.75 88.36 85.55