The Composite Consumer Sentiment Index (CCSI) in South Korea increased to 95.4 points in January 2021 from a final estimate of 91.2 in the previous month, rebounding from a three-month low. Four of the subindices improved, mainly nudged by future domestic economic conditions (+8 to 89) and future living standards (+4 to 93). Also, future household income (+3 to 96) and future household spending (+3 to 102) closed higher. In contrast, current domestic economic conditions remained unchanged at 56, while current living standards stayed at 86. source: The Bank of Korea
Consumer Confidence in South Korea averaged 100.06 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 January of 2021.
Consumer Confidence in South Korea is expected to be 90.00 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 100.00 points in 2022, according to our econometric models.