South Korea Consumer Confidence Crumbles In July - BoK

RTTNews | 888 days ago
South Korea Consumer Confidence Crumbles In July - BoK

(RTTNews) - Consumer confidence in South Korea dropped significantly in July, the Bank of Korea said on Wednesday with a consumer confidence index score of 86.0 - down sharply from 96.4 in June.

Consumer sentiment regarding current living standards was six points lower at 81, while the outlook was nine points lower at 79.

Consumer sentiment related to future household income was four points lower at 93 and the outlook was two points lower at 112.

Consumer sentiment concerning current domestic economic conditions was 17 points lower than in June, at 43, and the outlook was 19 points lower at 50.

The expected inflation rate for the upcoming year was 4.7 percent.

read more
South Korea Industrial Production Falls 0.7% In November

South Korea Industrial Production Falls 0.7% In November

Industrial output in South Korea was down a seasonally adjusted 0.7 percent on month in November, Statistics Korea said on Monday - missing forecasts for a fall of 0.4 percent following the flat reading in October.
RTTNews | 1 day ago
South Korea Industrial Output Sinks 0.7$ In November

South Korea Industrial Output Sinks 0.7$ In November

Industrial production in South Korea contracted a seasonally adjusted 0.7 percent on month in November, Statistics Korea said on Monday - missing forecasts for a decline of 0.4 percent following the flat reading in October.
RTTNews | 1 day ago
South Korea GDP Adds 0.1% In Q3

South Korea GDP Adds 0.1% In Q3

South Korea's gross domestic product expanded a seasonally adjusted 0.1 percent on quarter in the third quarter of 2024, the Bank of Korea said on Thursday - unchanged from Q2 but missing expectations for an increase of 0.5 percent.
RTTNews | 26 days ago