South Korea Consumer Confidence Dips In March

(RTTNews) - Consumer confidence in South Korea slipped in March, the latest survey from the Bank of Korea showed on Thursday, with an index score of 101.0 - down from 103.0 in February.

Consumer sentiment on current living standards was up one point at 90, while that for their outlook remained unchanged at 98. Consumer sentiments for current domestic economic conditions and their future outlook were up by one point each at 72 and 88, respectively.

Consumer sentiments on prospective changes in household income and that on expected spending were both down three points at 99 and 106, respectively.

The expectation for inflation over the following year was 2.5 percent.