South Korea Consumer Confidence Weakens In September
South Korea’s consumer confidence weakened in September for the first time in four months, survey data from the Bank of Korea showed on Friday.
The composite consumer confidence index fell to 79.4 from 84.2 in August. The index had risen in each month after falling to a low of 7.8 in May.
Consumers’ assessment of the current and future living standards, income and spending deteriorated.
Their perceptions regarding the current and future domestic economic conditions, savings, and employment opportunities also weakened.