Back To Top
S. Korea’s consumer sentiment sees sharp drop in Sept. amid stricter social distancing rules
S. Korea’s consumer sentiment sees sharp drop in Sept. amid stricter social distancing rules
EconomySept 25, 2020
South Korea’s composite consumer index shed the most points in six months in September, feeling the impact of stricter social distancing rules following the COVID-19 resurgence, central bank data showed Friday. The index dropped 8.8 points on-month to 79.4 in September, which also marked the sharpest dip in six months and the first decline since April, according to data released by the Bank of Korea. A reading below 100 means pessimists outnumber optimists. The September reading broke th