S. Korea's consumer sentiment index slumps to 21-month low in November
- 5 years ago
경기둔화 우려에 소비심리 21개월만에 최저
South Korea's consumer sentiment has fallen to a 21-month low in November... on growing concerns over the U.S.-China trade war and sluggish job data.
The Bank of Korea says the composite consumer sentiment index was at 96-points... down three-and-a-half points from October.
The index has been falling for two consecutive months... after a rebound in September.
A reading below 100 indicates there are more pessimists than optimists about the economy.
The central bank says consumers are worried the local economy is slowing down,... due to trade tensions between the world's two biggest economies.
Sluggish job data and a fall in stock prices were the other main factors.
South Korea's consumer sentiment has fallen to a 21-month low in November... on growing concerns over the U.S.-China trade war and sluggish job data.
The Bank of Korea says the composite consumer sentiment index was at 96-points... down three-and-a-half points from October.
The index has been falling for two consecutive months... after a rebound in September.
A reading below 100 indicates there are more pessimists than optimists about the economy.
The central bank says consumers are worried the local economy is slowing down,... due to trade tensions between the world's two biggest economies.
Sluggish job data and a fall in stock prices were the other main factors.