South Korea consumer confidence

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South Korea consumer confidence: 103.6 (2.68%)
Last Update: July 31, 2024

South Korea consumer confidence closed down 103.6 as of July 31, 2024 from 100.9 from the previous month and 103.2 from last year.


South Korea consumer confidence Analytics & Data




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South Korea consumer confidence closing prices of the last 24 values are displayed below. Sign up free to download the full historical data series using MacroVar Web/Excel or API.

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South Korea consumer confidence

DateValues
2024-07-31 103.6
2024-06-30 100.9
2024-05-31 98.4
2024-04-30 100.7
2024-03-31 100.7
2024-02-29 101.9
2024-01-31 101.6
2023-12-31 99.5
2023-11-30 97.2
2023-10-31 98.1
2023-09-30 99.7
2023-08-31 103.1
2023-07-31 103.2
2023-06-30 100.7
2023-05-31 98
2023-04-30 95.1
2023-03-31 92
2023-02-28 90.2
2023-01-31 90.7
2022-12-31 90.2
2022-11-30 86.7
2022-10-31 88.8
2022-09-30 91.4
2022-08-31 88.8

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South Korea consumer confidence Statistics


IndicatorSymbolActualPreviousM/M%Y/Y%TrendSlopePercentileUpdate
consumer confidencekr.consconfidence103.6100.930UPUP502024-07-31

South Korea consumer confidence Factors

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South Korea consumer confidence Historical Data

The MacroVar database offers free access to historical data for the South Korea consumer confidence, dating back to 1950. This extensive dataset is readily available through MacroVar versatile platforms, including a user-friendly web interface, a robust Python API, and convenient Excel integration. By leveraging these tools, users can efficiently retrieve and analyze decades of South Korea consumer confidence data, supporting a wide range of research, financial analysis, and decision-making processes.

What is the South Korea consumer confidence

Consumer confidence in South Korea refers to the overall sentiment and outlook of consumers in the country regarding their current financial situation and their expectations for the future. This confidence is often influenced by factors such as economic stability, job market conditions, inflation rates, and overall consumer spending. When consumer confidence is high, it typically leads to increased spending and investment, which can stimulate economic growth. Conversely, low consumer confidence can result in decreased spending and economic stagnation. Monitoring consumer confidence is important for policymakers and businesses as it provides insight into the overall health of the economy and can help guide decision-making strategies.

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