Korea Consumer Sentiment Inches Higher In February

(RTTNews) - Consumer confidence in South Korea ticked slightly higher in February, the latest survey from the Bank of Korea revealed on Wednesday - showing a score of 103, up from 102 in January. Consumer sentiment on current living standards was unchanged at 89, while that for their outlook was one point higher at 98.

Consumer sentiments regarding current domestic economic conditions and their future outlook were down by three points each compared to January, at 71 and 87 respectively.

Consumer sentiment on prospective changes in household income was one point higher at 102 and that on expected spending two points higher at 109.

The expectation for inflation over the following year was 2.6 percent.