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Economic Buzz: South Korea's Consumer Sentiment Weakens In September
26-Sep-23   15:33 Hrs IST

South Korea's consumer sentiment weakened in September to the lowest level in four months, survey results from the Bank of Korea showed on Tuesday. The consumer confidence index fell to 99.7 in September from 103.1 in August. This was the lowest reading since May 2022, when it was 98.0. The consumer confidence survey was conducted between September 11 and 18, among 2,500 households.The sub-index for households' assessment of the prospective living standards dropped to 92 from 95, and the measure for the current living standards dropped to 89 from 91.

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