South Korea Consumer Confidence - Forecast

Consumer Confidence in South Korea is expected to be 107.00 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 105.60 in 12 months time. In the long-term, the South Korea Consumer Confidence is projected to trend around 109.00 Index Points in 2020, according to our econometric models.


South Korea Consumer Confidence
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South Korea Consumer Last Q3/18 Q4/18 Q1/19 Q2/19 2020
Consumer Confidence 106 107 107 107 106 109
Retail Sales MoM -1 0.4 0.5 0.3 -0.7 0.9
Retail Sales YoY 4.6 4.8 4.5 4.8 3.7 6
Consumer Spending 189747 189310 193947 194870 190523 205559
Disposable Personal Income 1722493 1760000 1790000 1810000 1820000 1950000
Personal Savings 8.8 8.5 9.1 8.3 8.2 11.4
Consumer Credit 1468047 1490000 1520000 1525000 1537000 1600000
Bank Lending Rate 3.68 3.93 3.93 3.93 4.18 4.43
Households Debt To Gdp 94.8 95.1 95.4 95.8 96.1 96.9
Gasoline Prices 1.44 1.36 1.29 1.22 1.15 0.64
Consumer Confidence Current Conditions 96 95.61 95.61 95.61 95.61 95.61
Consumer Confidence Economic Expectations 109 111 111 111 111 111
Consumer Confidence Financial Expectations 103 103 103 103 103 103
Consumer Confidence Major Purchases Expectations 97 95.2 95.11 95.11 95.13 95.13
Consumer Confidence Price Trends 139 138 138 138 138 138
Consumer Confidence Savings Expectations 97 96.57 96.57 96.57 96.57 96.57
Consumer Confidence Unemployment Expectations 110 107 107 107 107 107