S. Korea's consumer sentiment index up 12.2 points m/m in October
- 4 years ago
10월 소비심리 전월대비 12.2p 상승...사회적 거리 두기 완화에 따른 개선
South Korea's consumer sentiment in October rose to a seven-month high in large part due to eased social distancing measures.
According to the Bank of Korea on Wednesday, the composite consumer sentiment index was at 91-point-6...up 12-point-2 points from September.
The central bank attributed the rise to business activities resuming as the spread of COVID-19 slowed down.
However, this month's reading remains below the 100 threshold, meaning more people are still more pessimistic than optimistic about the economy.
South Korea's consumer sentiment in October rose to a seven-month high in large part due to eased social distancing measures.
According to the Bank of Korea on Wednesday, the composite consumer sentiment index was at 91-point-6...up 12-point-2 points from September.
The central bank attributed the rise to business activities resuming as the spread of COVID-19 slowed down.
However, this month's reading remains below the 100 threshold, meaning more people are still more pessimistic than optimistic about the economy.