South Korea Consumer Confidence Deteriorates

2026-03-24 21:07 By Felipe Alarcon 1 min. read

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.



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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
South Korea Consumer Confidence Improves
South Korea’s Composite Consumer Sentiment Index stood at 112.1 in February 2026, up 1.3 points from 110.8 in January to mark the highest level since the 8-year high in November. Consumer sentiment regarding current living standards was 96, unchanged from January, while expectations for the future outlook were 101, one point higher than in the previous month. Sentiment about future household income remained at 103, and expectations for future household spending remained at 111. Consumers’ views on current domestic economic conditions improved to 95, while expectations for future domestic economic conditions rose to 102. Overall, the data suggest a modest improvement in confidence driven by notably better assessments of the domestic economy and its future prospects. Inflation expectations were 2.6% for the year ahead, 2.5% for the three-year horizon and 2.5% for the five-year horizon.
2026-02-23
South Korea Consumer Sentiment Improves
South Korea’s Composite Consumer Sentiment Index stood at 110.8 in January 2026, up 1.0 point from 109.8 in December. Consumer sentiment regarding current living standards was 96, one point higher than in December, while expectations for the future outlook were 100, unchanged from the previous month. Sentiment about future household income remained at 103, and expectations for future household spending rose to 111. Consumers’ views on current domestic economic conditions improved to 90, while expectations for future domestic economic conditions rose to 98. Overall, the data suggest a modest improvement in confidence driven by slightly better assessments of the domestic economy and firmer spending expectations. Inflation expectations were 2.6% for the year ahead, 2.5% for the three-year horizon and 2.5% for the five-year horizon.
2026-01-22