Economics
Korea Consumer Confidence Jumps Most Since 2009 as Virus Eases
This article is for subscribers only.
South Korea’s consumer confidence jumped the most since the global financial crisis in another upbeat sign for the economy as it rebounds from a pandemic-driven recession.
The consumer sentiment index rose by 12.2 points in October to reach 91.6, the highest since February, the Bank of Korea said in a statement on Wednesday. The monthly increase was the biggest since April 2009.