South Korean consumers turn most optimistic in 27 months

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South Korean consumers turn most optimistic in 27 months
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SEOUL : South Korea's consumer sentiment in July was the most optimistic in 27 months, with a brighter spending outlook due to easing inflation concerns, a central bank survey showed on Wednesday.The Bank of Korea's consumer sentiment index was 103.6 in July, up from 100.

FILE PHOTO: A woman shops at a market in Seoul, South Korea, July 26, 2016. Picture taken on July 26, 2016. REUTERS/Kim Hong-Ji/File PhotoSEOUL : South Korea's consumer sentiment in July was the most optimistic in 27 months, with a brighter spending outlook due to easing inflation concerns, a central bank survey showed on Wednesday.

The sub-index for the consumer spending outlook contributed the most to the rise in the headline figure, followed by those for current economic conditions and the future economic outlook.

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