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South Korea Consumer Confidence
Last Release
Jun 30, 2025
Actual
108.7
Units In
Points
Previous
101.8
Frequency
Monthly
Next Release
Jul 22, 2025
Time to Release
27 Days 22 Hours
Highest | Lowest | Average | Date Range | Source |
121.5 Oct 2009 | 67.7 Dec 2008 | 99.86 Points | 1998-2025 | The Bank of Korea |
In South Korea, the Composite Consumer Sentiment Index (CCSI) measures the level of optimism that consumers have about the performance of the economy. The index is based on a survey of around 2200 households. The CCSI is computed as a sum of six variables, including current living standards, prospective household income and prospective spending. A CCSI above 100 indicates an improving outlook and below 100 a deteriorating outlook.
Latest Updates
South Korea’s Composite Consumer Sentiment Index rose sharply to 108.7 in June 2025 from 101.8 in May, reaching its highest level since June 2021. The surge in optimism was driven by confidence in newly elected President Lee Jae-myung’s commitment to addressing the country’s economic challenges, as well as progress in trade talks with the US. The rebound follows Lee’s snap election victory on June 3 and the recent approval of a 13.8 trillion won supplementary budget in May. Trade negotiations between Seoul and Washington have been advancing, with both sides aiming to finalize a tariff agreement by July. All key components of the index improved, including views on living standards, household income, consumer spending, and the domestic economy. Meanwhile, inflation expectations remained stable, with one-, three-, and five-year projections all anchored at 2.4%
South Korea Consumer Confidence History
Last 12 readings