Key facts
- South Korean consumer sentiment rebounded in September.
- The composite consumer sentiment index (CCSI) reached 106.6 in September.
- This represents a 2.1-point increase from August.
- The central bank cited stabilization in the stock market and sound economic data as reasons for the rebound.
- The subindex for current economic conditions rose to 83.
- The outlook for future economic conditions increased to 90.
Consumer sentiment in South Korea saw a rebound in September, with the composite consumer sentiment index (CCSI) rising to 106.6, an increase of 2.1 points from August. The Bank of Korea (BOK) attributed this improvement to a stabilization in the local stock market and positive economic data. A CCSI reading above 100 indicates more optimists than pessimists. The subindex measuring people's assessment of current economic conditions improved by 4 points to 83 in September, while the index for future economic conditions rose by 1 point to 90 over the same period.