South Korea's consumer sentiment at 100.7 in April; unchanged due to high inflation and interest rate concerns amid export recovery.
South Korea's consumer sentiment remains unchanged at 100.7 in April due to high inflation and interest rate concerns despite export recovery. Inflation expectations fell 0.1 percentage points to 3.1% for the next 12 months. The Bank of Korea's benchmark interest rate has been at 3.50% since January 2022. Exports increased by 3.1% in March, marking a consistent upward trend for the past six months.
April 24, 2024
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