S. Korea's consumer confidence up slightly in Jan.
- 5 years ago
South Korea's consumer sentiment rose slightly in January.
The Bank of Korea says the monthly consumer sentiment index climbed zero-point-six points on-month to 97-point-five...posting two consecutive months of growth.
The central bank attributed the rise to households' expectations on the government's economic revitalization policies and the resumption of U.S.-China trade talks.
However,... the reading has remained below 100 for four consecutive months, meaning there are more pessimists than optimists about the economy.
The Bank of Korea says the monthly consumer sentiment index climbed zero-point-six points on-month to 97-point-five...posting two consecutive months of growth.
The central bank attributed the rise to households' expectations on the government's economic revitalization policies and the resumption of U.S.-China trade talks.
However,... the reading has remained below 100 for four consecutive months, meaning there are more pessimists than optimists about the economy.