South Korea Consumer Confidence Improves In September - BoK

RTTNews | 1022天前
South Korea Consumer Confidence Improves In September - BoK

(RTTNews) - Consumer confidence in South Korea strengthened in September, the Bank of Korea said on Tuesday with a consumer sentiment survey reading of 91.4 - up from 88.8 in August.

Consumer sentiment for current living standards was two points higher than in August at 85, and that outlook was three points higher at 86.

Consumer sentiment related to future household income was two points higher than in August at 96, while the outlook was one point lower at 109.

Consumer sentiment concerning current domestic economic conditions was three points higher at 50, and the outlook was four points higher at 62.

The expected inflation rate for the upcoming year was 4.2 percent.

read more
Bank Of Korea Keeps Rates Steady

Bank Of Korea Keeps Rates Steady

The Bank of Korea maintained its interest rate on Thursday as rising house prices and household debt pose risks to the financial stability amid escalating trade tensions weighing on economic growth outlook. The Monetary Policy Board decided to leave the Base Rate unchanged at 2.50 percent. The bank had previously reduced the benchmark rate by a quarter-point each in May and February.
RTTNews | 4天前
South Korea Consumer Prices Unchanged In June

South Korea Consumer Prices Unchanged In June

Consumer prices in South Korea were flat on a seasonally adjusted monthly basis in June, Statistics Korea said on Wednesday - in line with expectations after slipping 0.1 percent in May.
RTTNews | 12天前
South Korea Consumer Sentiment Strengthens In June

South Korea Consumer Sentiment Strengthens In June

South Korea's consumer confidence strengthened to a four-year high in June on improving domestic economic conditions, survey data from the Bank of Korea showed on Tuesday. The consumer sentiment index advanced to 108.7 in June from 101.8 in the previous month. This was the highest score in four years. The sub-index measuring future domestic economic situation surged 16 points to 107 in June.
RTTNews | 20天前