South Korea Consumer Confidence Index Rises To 102 In January

(RTTNews) - Consumer confidence in South Korea improved slightly in January, the latest survey from the Bank of Korea showed on Tuesday, rising to an index score of 102.0.

That's up from 101.0 in December, and it remains above the break-even score of 100 whereby optimists outnumber pessimists.

Consumer sentiment on current living standards remained unchanged at 89, while that for their outlook was one point lower at 97.

Consumer sentiment regarding current domestic economic conditions was up by three points compared to December 2014 at 74, and that for their future outlook by five points at 90.

Consumer sentiments on prospective changes in household income and on expected spending were one point higher each, at 101 and 107, respectively.

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