South Korea Consumer Confidence

Last Release

Feb 28, 2025

Actual

95.2

Units In

Points

91.2

Frequency

Monthly

Next Release

Mar 24, 2025

Time to Release

1 Months 0 Days 20 Hours

Highest	Lowest	Average	Date Range	Source
121.5 Oct 2009	67.7 Dec 2008	99.86 Points	1998-2025	The Bank of Korea

In South Korea, the Composite Consumer Sentiment Index (CCSI) measures the level of optimism that consumers have about the performance of the economy. The index is based on a survey of around 2200 households. The CCSI is computed as a sum of six variables, including current living standards, prospective household income and prospective spending. A CCSI above 100 indicates an improving outlook and below 100 a deteriorating outlook.

Latest Updates

The Composite Consumer Sentiment Index (CCSI) in South Korea for February 2025 reached 95.2, marking a 4-point increase from January 2025. It pointed to the highest reading since November, reflecting an optimistic economic outlook. Consumers' perceptions of their current living standards held steady at 87, while their outlook for the future improved to 93, a 4-point gain. Sentiment about future household income rose to 97, up 1 point from the previous month, and expectations for future household spending climbed to 106, a 3-point increase. Views on the current domestic economy rose to 55, a 4-point improvement, while expectations for the future economy jumped to 73, an 8-point gain. The expected inflation rate for the next year was 2.7%, with the three-year and five-year outlooks both at 2.6%.