S. Korea's consumer sentiment index down 8.8 points m/m due to stricter social distancing
- 4 years ago
9월 소비심리 5개월만에 하락... 사회적 거리두기 격상 영향
South Korea's consumer sentiment for September tumbled for the first time in five months,... mostly due to the stricter social distancing measures.
According to the Bank of Korea Friday, the composite consumer sentiment index was at 79-point-4,... down 8-point-8 points from the previous month.
A reading below 100 indicates there are more pessimists than optimists.
That's the second biggest monthly drop in 9 years,... after the largest plunge in March when the spread of virus was picking up steam.
The central bank attributed the sharp decrease to the recent surge in COVID-19 infections,...hurting the economy and household income.
South Korea's consumer sentiment for September tumbled for the first time in five months,... mostly due to the stricter social distancing measures.
According to the Bank of Korea Friday, the composite consumer sentiment index was at 79-point-4,... down 8-point-8 points from the previous month.
A reading below 100 indicates there are more pessimists than optimists.
That's the second biggest monthly drop in 9 years,... after the largest plunge in March when the spread of virus was picking up steam.
The central bank attributed the sharp decrease to the recent surge in COVID-19 infections,...hurting the economy and household income.