South Korea’s consumer sentiment index hit record low since April 2017

Arirang News 2018-08-28

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South Korea's consumer sentiment has fallen below the one-hundred mark for the first time since March 2017.
The Bank of Korea says the composite consumer sentiment index in August dropped one-point-eight points from the previous month to 99-point-two points....over sluggish job data, rising consumer prices and the U.S.-China trade spat.
A reading below 100 means there are more pessimists than optimists about the economy.
The sub-index for households' economic outlook fell five points to 82, and the sub-index on current economic conditions fell seven points.
Despite the government's efforts to create jobs and boost wages, outlook on job opportunity dropped two points to 85.

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