Key facts
- Consumer sentiment index fell 1.2 points to 105.4 in October.
- Current economic conditions subindex dropped 1 point to 82.
- Future economic conditions outlook subindex fell 2 points to 88.
Consumer sentiment in South Korea declined in October, primarily influenced by a stock market correction and ongoing Middle East tensions, according to the Bank of Korea (BOK). The composite consumer sentiment index (CCSI) registered 105.4 for the month, a decrease of 1.2 points from September. A reading above 100 signifies more optimists than pessimists. The subindex measuring perceptions of current economic conditions fell by 1 point to 82, while the outlook for future economic conditions decreased by 2 points to 88.