The Composite Consumer Sentiment Index (CCSI) in South Korea assesses the level of confidence that consumers have in the country's economic performance. The index was developed on the basis of a survey of approximately 2200 households. In order to calculate the CCSI, six variables are taken into consideration, including existing living standards, anticipated household income, and prospective spending. A CCSI value of more than 100 suggests an improving perspective, whereas a value of less than 100 suggests a deteriorating perspective.

A higher than expected figure should be seen as positive (bullish) for the KRW while a lower than expected figure should be seen as negative (bearish) for the KRW.

Source:  The Bank of Korea
Category:  Consumer Confidence
Units:  Points
Details
Impact: Medium
Country:
Currency: KRW
Latest Release
Previous: 100.7
Consensus: 100.5
Actual: 100.7
Next Release
Date: May 20, 21:00
Time left: 25 days