The Composite Consumer Sentiment (CCSI) in South Korea fell by 6.2 points from the previous month to 96.4 in June of 2022, the lowest since January of 2021. Sentiment deteriorated regarding current living standards (87 vs 89), future outlook (88 vs 93), prospective economic conditions (69 vs 84), and prospective household income (97 vs 98). Meanwhile, Households’ inflation expectations for the year ahead rose to 3.9% from 3.3%, hitting the highest since April 2012. source: The Bank of Korea
Consumer Confidence in South Korea averaged 100.25 points from 1998 until 2022, 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 June of 2022.
Consumer Confidence in South Korea is expected to be 110.00 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 110.00 points in 2023, according to our econometric models.