April 26, 2024
Economy
Korea’s consumer sentiment hits 22-year high
[THE INVESTOR] Korea’s consumer confidence has hit a 22-year high for the second half of the year, a survey showed on Aug. 22.
Korea’s overall consumer confidence for the July-December period stands at an average 78 on a full scale of 100, up 46.7 points from the first half, according to the Mastercard Index of Consumer Confidence.
The latest Mastercard index is based on a survey of 9,153 people (407 South Koreans) in 18 markets in the Asia-Pacific region. It covers five categories -- economy, stock market, employment, quality of life and fixed income.
The number marks the highest level since the 78.6 recorded in 1995 and is higher than the regional average of 66.9.
By Alex Lee and newswires (alexlee@heraldcorp.com)
Korea’s overall consumer confidence for the July-December period stands at an average 78 on a full scale of 100, up 46.7 points from the first half, according to the Mastercard Index of Consumer Confidence.
The latest Mastercard index is based on a survey of 9,153 people (407 South Koreans) in 18 markets in the Asia-Pacific region. It covers five categories -- economy, stock market, employment, quality of life and fixed income.
The number marks the highest level since the 78.6 recorded in 1995 and is higher than the regional average of 66.9.
By Alex Lee and newswires (alexlee@heraldcorp.com)
