SEOUL (XINHUA) – South Korea’s consumer sentiment worsened for the second consecutive month due to rising worry about a delayed recovery in domestic demand, central bank data showed yesterday.
The composite consumer sentiment index (CCSI), which gauges the sentiment of consumers over the economic situation, fell 0.8 points over the month to 100.0 in September after going down 2.8 points in the previous month, according to the Bank of Korea (BOK).
The sub-index for consumption expenditure outlook slipped 0.3 points, while indices for the current economic situation and economic outlook lost ground this month.
Inflation expectations, which measure the outlook among consumers over headline inflation for the next 12 months, retreated 0.1 percentage point to 2.8 per cent in September compared to the previous month.
