FOREX TradingCharts.com

Financial News: South Korea Consumer Confidence Weakens In May

South Korea Consumer Confidence Weakens In May

05/21/2024 - 02:44:00 (RTTNews)

(RTTNews) - South Korea's consumer sentiment decreased in May to the lowest level in six months, survey results from the Bank of Korea showed on Tuesday.

The consumer confidence index dropped to 98.4 in May from April's stable score of 100.7.

Further, this was the weakest reading since November 2023, when it was 97.3.

The consumer confidence survey was conducted between May 7 and 14 among 2,313 households.

The sub-index for households' assessment of current living standards dropped to 88 from 89 in April. Their prospective living standards also worsened, with the respective index falling to 92 from 94.

Similarly, the index measuring consumers' prospective household income decreased from 99 to 97.

Consumers' interest rate expectations increased in May, with the measure climbing to 104 from 100.

The expected inflation rate for the upcoming year was 3.2 percent, up from 3.1 percent in April.

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2024 RTTNews.com. All Rights Reserved

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS


U.S. Consumer Sentiment Unexpectedly Drops To Seven-Month Low In June (19 min(s), 57 sec(s) ago)
(RTTNews) - The University of Michigan released preliminary data on Friday unexpectedly showing a ...Full Story»

China Bank Lending Rises Less Than Expected (55 min(s), 57 sec(s) ago)
(RTTNews) - China's bank lending increased less than expected in May as credit demand remained ...Full Story»

U.S. Import Price Unexpectedly Decrease 0.4% In May (01 hr(s), 08 min(s), 57 sec(s) ago)
(RTTNews) - A report released by the Labor Department on Friday showed unexpected decreases by U.S ...Full Story»

U.S. Import, Export Prices Unexpectedly Decrease In May (01 hr(s), 55 min(s), 57 sec(s) ago)
(RTTNews) - A report released by the Labor Department on Friday showed unexpected decreases by U.S ...Full Story»

Eurozone April Trade Balance Swings To Surplus (04 hr(s), 04 min(s), 57 sec(s) ago)
(RTTNews) - Euro area visible trade balance logged a surplus in April this year versus a deficit i ...Full Story»

UK Inflation Expectations Ease In May: BoE Survey (05 hr(s), 27 min(s), 57 sec(s) ago)
(RTTNews) - Britons' short-term inflation expectations softened in May, the quarterly Inflatio ...Full Story»

French Inflation Accelerates In May (07 hr(s), 05 min(s), 57 sec(s) ago)
(RTTNews) - France's consumer price inflation accelerated in May on higher energy and food pri ...Full Story»

Bank Of Japan Delays Bond Purchase Reduction (07 hr(s), 52 min(s), 57 sec(s) ago)
(RTTNews) - The Bank of Japan delayed its normalization of policy on Friday as policymakers decide ...Full Story»

Search

INTERNATIONAL FINANCIAL NEWS

U.S. Consumer Sentiment Unexpectedly Drops To Seven-Month Low In June

06/14/2024 - 10:12 AM (RTTNews)
(RTTNews) - The University of Michigan released preliminary data on Friday unexpectedly showing a ...Full Story>>

China Bank Lending Rises Less Than Expected

06/14/2024 - 09:36 AM (RTTNews)
(RTTNews) - China's bank lending increased less than expected in May as credit demand remained ...Full Story>>

U.S. Import Price Unexpectedly Decrease 0.4% In May

06/14/2024 - 09:23 AM (RTTNews)
(RTTNews) - A report released by the Labor Department on Friday showed unexpected decreases by U.S ...Full Story>>

U.S. Import, Export Prices Unexpectedly Decrease In May

06/14/2024 - 08:36 AM (RTTNews)
(RTTNews) - A report released by the Labor Department on Friday showed unexpected decreases by U.S ...Full Story>>

Eurozone April Trade Balance Swings To Surplus

06/14/2024 - 06:27 AM (RTTNews)
(RTTNews) - Euro area visible trade balance logged a surplus in April this year versus a deficit i ...Full Story>>

Do not sell my personal information

Copyright © 2024. All market data is provided by Barchart Solutions. Information is provided "as is" and solely for informational purposes, not for trading purposes or advice. To see all exchange delays and terms of use, please see disclaimer.