South Korea Consumer Confidence  1998-2017 | Data | Chart | Calendar

South Korea's consumer confidence increased to 101.2 in April of 2017 from 96.7 in the previous month. It was the third straight increase following three consecutive declines and the highest print since October of 2016. The sharp increase was mainly explained by a 12 points surge in the component of future domestic economic conditions, which currently stands at 89. Current domestic economic conditions rose by 10 points from March and currently stand at 69. Future living standards (98 from 95); future household spending (106 from 104); future household income (99 from 98); and current living standards (90 from 89) all improved in April. Consumer Confidence in South Korea averaged 100.50 from 1998 until 2017, reaching an all time high of 120.10 in October of 2009 and a record low of 71.20 in December of 2008.

South Korea Consumer Confidence
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Calendar GMT Reference Actual Previous Consensus Forecast (i)
2017-02-23 09:00 PM Feb 94.4 93.3 92.8
2017-03-23 09:00 PM Mar 96.7 94.4 97
2017-04-24 09:00 PM Apr 101.2 96.7 95
2017-05-25 09:00 PM May 101.2 100.6
2017-06-26 09:00 PM Jun 99.8
2017-07-24 09:00 PM Jul 101




South Korea Consumer Last Previous Highest Lowest Unit
Consumer Confidence 101.20 96.70 120.10 71.20 [+]
Retail Sales MoM 0.00 3.20 5.70 -13.30 percent [+]
Retail Sales YoY 1.60 0.50 19.90 -12.60 percent [+]
Consumer Spending 183116.60 182457.40 183116.60 6809.67 KRW Billion [+]
Disposable Personal Income 1632613.90 1560594.10 1632613.90 2866.70 KRW Billion [+]
Personal Savings 9.30 9.40 25.80 1.10 percent [+]
Consumer Credit 1344279.30 1295753.10 1344279.30 142746.90 KRW Billion [+]
Bank Lending Rate 3.48 3.45 17.01 3.23 percent [+]
Gasoline Prices 1.31 1.34 1.84 0.54 USD/Liter [+]
Households Debt To Gdp 91.60 90.00 91.60 1.40 percent of GDP [+]


South Korea Consumer Confidence Notes

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 May of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
101.20 96.70 120.10 71.20 1998 - 2017 Monthly
NSA



consumer confidence by Country

Last
Australia 97.99 May/17
Brazil 103.40 Apr/17
Canada 52.32 May/17
China 111.00 Mar/17
Euro Area -3.30 May/17
France 100.00 Apr/17
Germany 10.40 Jun/17
India 136.00 Dec/16
Indonesia 123.70 Apr/17
Italy 107.50 Apr/17
Japan 43.20 Apr/17
Mexico 84.29 Apr/17
Netherlands 23.00 May/17
Russia -15.00 Mar/17
South Korea 101.20 Apr/17
Spain 106.70 Apr/17
Switzerland -8.00 Jun/17
Turkey 72.80 May/17
United Kingdom -7.00 Apr/17
United States 97.70 May/17