Korea skyline

Korea Consumer Confidence May 2022

Korea: Consumer confidence records worst reading since August 2021 but remains in positive territory in May

Consumer confidence fell to 102.6 in May from April’s 103.8. May’s result marked the weakest sentiment since August 2021. As a result, the index remained above the 100-threshold, suggesting consumers remained optimistic despite the deterioration in sentiment.

The headline print largely reflected a deterioration in sentiment regarding future living standards. In contrast, consumers’ assessments of their prospective employment opportunities sector improved.

Free sample report

Access essential information in the shortest time possible. FocusEconomics provide hundreds of consensus forecast reports from the most reputable economic research authorities in the world.
Close Left Media Arrows Left Media Circles Right Media Arrows Right Media Circles Arrow Quote Wave Address Email Telephone Man in front of screen with line chart Document with bar chart and magnifying glass Application window with bar chart Target with arrow Line Chart Stopwatch Globe with arrows Document with bar chart in front of screen Bar chart with magnifying glass and dollar sign Lightbulb Document with bookmark Laptop with download icon Calendar Icon Nav Menu Arrow Arrow Right Long Icon Arrow Right Icon Chevron Right Icon Chevron Left Icon Briefcase Icon Linkedin In Icon Full Linkedin Icon Filter Facebook Linkedin Twitter Pinterest