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Home > mk Business News >> Economy 프린트 이메일 전송 리스트
S. Korea`s consumer sentiment reaches 13-month high in June
By Jun Jong-hun
2013.06.25 11:15:57 | 2013.06.25 16:01:57
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South Korea’s composite consumer sentiment index (CCSI), a comprehensive gauge for consumers’ sentiment about the economy, touched a 13-month high.

The CCSI has hovered above 100, a base level for six straight months, extending its upward move for the second month.

[S. Korea`s consumer sentiment reaches 13-month high in June] 기사의 본문 이미지

A CCSI reading above 100 indicates consumers are more optimistic than they were between 2003 and 2012 on average, and a reading below 100 suggests otherwise.

The CCSI rose one point month-on-month (mom) to 105 in June, according to data released by the Bank of Korea (BOK) Tuesday. This is the highest since 106 of May last year. The CCSI stood at 102 in January and February, 104 in March, 102 in April and 104 in May.

The CSI for current living conditions, a measure for households’ sentiment for spending, remained unchanged at 91, while the CSI for living conditions outlook jumped two points mom to 100. The CSIs for household income outlook and for consumption outlook also remained unchanged at 99 and 106 respectively.

The CSI for current economic conditions, which portrays the perception about the current economy, climbed three points mom to 82. The CSI for future economic outlook, however, stayed unchanged mom at 97. The CSI for employment opportunity outlook rose two points mom, and the CSI for interest rate outlook climbed six points mom.

The CSI for current household savings, an indicator for perception about household savings, stood at 87, the same as the level in May. The CSI for household saving outlook, an indicator for the outlook for household savings, retreated one point mom to 92.



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