The Composite Consumer Sentiment Index (CCSI) in South Korea declined to 79.4 in September 2020 from 88.2 in the previous month. It was a steep retreat from the highest reading since February, as coronavirus cases increased after the easing of some social distancing measures. All six sub-indexes decreased, dragged mainly by current domestic economic conditions (-12 points to 42), future household spending (-7 points to 92), future household income (-4 points to 88), and current living standards (-4 points to 80), future living standards (-4 points to 85).
Consumer Confidence in South Korea averaged 100.15 points from 1998 until 2020, 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 October of 2020. source: The Bank of Korea
Consumer Confidence in South Korea is expected to be 85.00 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 70.00 in 12 months time. In the long-term, the South Korea Consumer Confidence is projected to trend around 99.00 points in 2021, according to our econometric models.