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Korea Consumer Confidence September 2020

Korea: Consumer confidence falls in September, remains pessimistic

Consumer confidence fell to 79.4 in September from August’s 88.2. As a result, the index remained below the 100-point threshold, and indicated pessimism among consumers.

Consumer sentiment in September concerning current domestic economic conditions deteriorated over the previous month, hand-in-hand with sentiment regarding future domestic economic conditions; both remained downbeat. Additionally, consumers were more pessimistic regarding future household income and future household spending compared to the previous month.

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