South Korean consumer sentiment improved for the second consecutive month in June, driven by strong export figures and a rally in equity markets, the Bank of Korea said Tuesday.
The central bank’s composite consumer sentiment index (CCSI) posted gains, reflecting a broader stabilization in household confidence.
The improvement marks a positive shift in domestic economic psychology, as consumers respond to external demand strength and financial market performance.
This development aligns with a broader trend of recovering consumer confidence across emerging markets.
In recent weeks, similar positive signals have emerged from other economies, including Turkey, where consumer confidence rose by 2.5% in June to reach an index level of 87.9.
Meanwhile, the UK saw retail sales volumes expand sharply in May, supported by unseasonably warm weather and increased footfall.