S. Korea's consumer sentiment index up 6.3 points m/m in November
- 3 years ago
11월 소비심리 전월대비 6.3p 상승...코로나사태로 억눌렸던 소비 분출
South Korea's consumer sentiment in November has improved compared to October, largely due to the release of suppressed demand and hope for a working COVID-19 vaccine.
According to the Bank of Korea on Tuesday, the composite consumer sentiment index was at 97-point-9,...up 6-point-3 points from October.
However, the survey does not reflect the recent rise in the social distancing level to two as the survey was done when it was at level one.
The reading remains below the 100 threshold, which means more people are pessimistic than optimistic about the economy.
South Korea's consumer sentiment in November has improved compared to October, largely due to the release of suppressed demand and hope for a working COVID-19 vaccine.
According to the Bank of Korea on Tuesday, the composite consumer sentiment index was at 97-point-9,...up 6-point-3 points from October.
However, the survey does not reflect the recent rise in the social distancing level to two as the survey was done when it was at level one.
The reading remains below the 100 threshold, which means more people are pessimistic than optimistic about the economy.