Consumer sentiment rebounds for first time in four months in September
- 6 years ago
South Korea's consumer sentiment rebounded for the first time in four months in September.
Data released by the Bank of Korea on Friday shows its consumer sentiment index rose two-and-a-half points to 101-point-seven,... recovering from a dip last month when it fell below the 100-level.
A reading above 100 means there are more optimists than pessimists about the economy.
A BOK official attributed it to robust exports, the rising stock market and a slowdown in price increases of food and other livelihood expenses.
The same data also showed consumer sentiment on housing prices has climbed by ten-points to 119 this month,... a near three-year high.
Data released by the Bank of Korea on Friday shows its consumer sentiment index rose two-and-a-half points to 101-point-seven,... recovering from a dip last month when it fell below the 100-level.
A reading above 100 means there are more optimists than pessimists about the economy.
A BOK official attributed it to robust exports, the rising stock market and a slowdown in price increases of food and other livelihood expenses.
The same data also showed consumer sentiment on housing prices has climbed by ten-points to 119 this month,... a near three-year high.