Consumer sentiment rebounds for first time in four months in September
  • 6 years ago
한은, 9월 소비자심리 4개월만에 반등

Consumers here in the nation appear more willing to reach into their wallets than in recent months.
A new report shows, while unemployment remains a pressing issue,... the majority of consumers think the economy is on a path to recovery.
Kim Ji-yeon has the full story.
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 composite 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 mainly due to grim unemployment figures released earlier this year.
A reading above 100 means there are more optimists than pessimists about the economy.
An official from the central bank attributed the rise to robust exports, an upbeat stock market and a slowdown in price increases of food and other livelihood expenses.
The official added that data suggests consumers think the worst is over as the government has put forth measures to boost the job market and stabilize prices.
The same data shows consumer sentiment on housing prices has climbed by ten-points to 119 this month,... a near three-year high.
It cited rises in real estate prices in Seoul as well as prices of jeonse, a unique long-term rent in Korea in the form of a lump-sum deposit,... as the main reasons.
It comes after the government unveiled measures this month on curbing speculative housing practices by levying heftier taxes on multiple home owners and limiting the amount they can borrow from banks.
Kim Ji-yeon, Arirang News.
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