The Consumer Sentiment Index rose to 100.7 in June from 98.0 in May, the highest since May 2022, according to the Bank of Korea’s monthly survey of consumers.
The latest index snapped a 12-month streak below 100, which separates optimism from pessimism compared with the average of last two decades.
The median of consumers’ inflation expectations for the next 12 months remained the same as last month at 3.5%, which marked its lowest since May 2022, the survey showed.
Source: Economy - investing.com
