Consumer Confidence in South Korea decreased to 97.50 Index Points in June from 97.90 Index Points in May of 2019. Consumer Confidence in South Korea averaged 100.79 Index Points from 1998 until 2019, reaching an all time high of 120.60 Index Points in October of 2009 and a record low of 69.40 Index Points in December of 2008.

Consumer Confidence in South Korea is expected to be 101.10 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 105.00 in 12 months time. In the long-term, the South Korea Consumer Confidence is projected to trend around 102.90 Index Points in 2020, according to our econometric models.

South Korea Consumer Confidence
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Forecast Data Chart
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Calendar GMT Actual Previous Consensus TEForecast
2019-03-26 09:00 PM Consumer Confidence Mar 100 100 99.0 100.7
2019-04-25 09:00 PM Consumer Confidence Apr 102 100 99.0 100.5
2019-05-27 09:00 PM Consumer Confidence May 97.9 101.6 103.0 102.5
2019-06-24 09:00 PM Consumer Confidence Jun 97.5 97.9 96.0 101
2019-07-25 09:00 PM Consumer Confidence Jul 97.5
2019-08-26 09:00 PM Consumer Confidence Aug
2019-09-25 09:00 PM Consumer Confidence Sep 101.7


South Korea Consumer Last Previous Highest Lowest Unit
Consumer Confidence 97.50 97.90 120.60 69.40 Index Points [+]
Retail Sales MoM 0.90 -1.20 5.50 -12.40 percent [+]
Retail Sales YoY 3.40 1.40 20.20 -21.50 percent [+]
Consumer Spending 220417.20 220104.60 220417.20 6809.67 KRW Billion [+]
Disposable Personal Income 1770713.90 1722492.80 1770713.90 2866.70 KRW Billion [+]
Personal Savings 8.80 8.80 25.80 1.10 percent [+]
Consumer Credit 1540043.80 1536712.30 1540043.80 142746.90 KRW Billion [+]
Bank Lending Rate 3.62 3.65 17.01 3.23 percent [+]
Households Debt To GDP 97.70 96.90 97.70 1.40 percent of GDP [+]
Economic Optimism Index 92.40 91.60 117.00 55.00 Net Balance [+]
Gasoline Prices 1.30 1.30 1.84 0.54 USD/Liter [+]
Consumer Confidence Current Conditions 96.00 93.00 117.00 25.00 [+]
Consumer Confidence Economic Expectations 109.00 112.00 122.00 49.00 [+]
Consumer Confidence Financial Expectations 103.00 103.00 107.00 82.00 [+]
Consumer Confidence Major Purchases Expectations 97.00 96.00 97.00 73.00 [+]
Consumer Confidence Price Trends 139.00 139.00 163.00 129.00 [+]
Consumer Confidence Savings Expectations 97.00 97.00 102.00 82.00 [+]
Consumer Confidence Unemployment Expectations 110.00 121.00 121.00 41.00 [+]


South Korea Consumer Confidence

In South Korea, the Composite Consumer Sentiment Index (CCSI) measures the level of optimism that consumers have about the performance of the economy. The index is based on a survey of around 2200 households. The CCSI is computed as a sum of six variables, including current living standards, prospective household income and prospective spending. A CCSI above 100 indicates an improving outlook and below 100 a deteriorating outlook. 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 - actual data, historical chart and calendar of releases - was last updated on July of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
97.50 97.90 120.60 69.40 1998 - 2019 Index Points Monthly
NSA




Country Last Previous
Argentina 40.60 Jun/19
Australia 96.50 Jul/19
Brazil 47.00 Jun/19
Canada 54.51 Jul/19
China 123.40 May/19
Euro Area -7.20 Jun/19
France 101.00 Jun/19
Germany 9.80 Jul/19
India 97.00 Sep/19
Indonesia 126.40 Jun/19
Italy 109.60 Jun/19
Japan 38.70 Jun/19
Mexico 107.52 Jun/19
Netherlands 0.00 Jun/19
Russia -15.00 Jun/19
Saudi Arabia 112.00 Mar/19
South Africa 5.00 Jun/19
South Korea 97.50 Jun/19
Spain 102.30 Jun/19
Switzerland -6.00 Jun/19
Turkey 57.60 Jun/19
United Kingdom -13.00 Jun/19
United States 98.40 Jul/19


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