empty
 
 

2018.08.2801:03:00UTC+00South Korea Consumer Confidence Weakens Further

South Korea's consumer confidence weakened for the third straight month in August, survey data from Bank of Korea showed Tuesday.

The consumer sentiment index dropped to 99.2 in August from 101.0 in July.

Consumer sentiment regarding current living standards was 2.0 points down from the preceding month at 89, while that concerning their future outlook was unchanged at 97.

Consumer sentiment as to future household income was 1.0 point lower than in the month before at 98, and that concerning their future spending one point higher at 106.

The index measuring current domestic economic conditions slid to 70 from 77 and that regarding future domestic economic conditions weakened from 87 to 82.

The expected inflation rate over the following year was 2.7 percent.

The survey was conducted among 2,200 households between August 13 and 20.

  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $8000 more!
    In March we raffle $8000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 100% Bonus
    Your unique opportunity to get a 100% bonus on your deposit
    GET BONUS
  • 55% Bonus
    Apply for a 55% bonus on your every deposit
    GET BONUS
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS


Can't speak right now?
Ask your question in the chat.
Widget callback