South Korea consumer sentiment weakest since 2022 on political uncertainty

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SEOUL : South Korea's consumer sentiment dropped sharply this month to hit the weakest level in more than two years on growing worries about political uncertainty following parliament's impeachment of President Yoon Suk Yeol.

The consumer sentiment index fell to 88.4 in December from 100.

FILE PHOTO: Women shop for green onions at a market in Seoul, South Korea, March 26, 2024.

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Article Details

Category: EconomyBusiness

Markets: SingaporeSouth Korea

Topics: Political Korea Points Consumer South Martial 2024 Index Seoul Sentiment Yoon

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-24 @ 05:09:34 (15 hours ago)

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Article Length: 339 words

Reading Time: 2 minutes read

Sentences: 12 lines

Sentence Length: 29 words per sentence (average)

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Copyright Owner: © Channel News Asia

News ID: 24615773

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Main Topics: EconomyBusiness

Official Website: channelnewsasia.com

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