(MENAFN- Qatar New s Agency ) South Korean consumer sentiment remained strong in March, staying flat compared with the previous month as economic uncertainty lingers despite improvement in economic activity, the central bank said Thursday.
The consumer sentiment index (CSI) came in at 108 for March, unchanged from the previous month, according to the Bank of Korea (BOK
The index is a gauge of consumers' overall economic outlook, living conditions and future spendin
In January, the sentiment index reached a 35-month high of 109, according to South Korea's news (Yonhap0. A reading above 100 means that optimists outnumber pessimist
The survey, based on a poll of 2,032 households nationwide, was conducted from March 12-1
Asia's fourth-largest economy is widely seen as being on the recovery track, although the fourth-quarter growth slowed from three months earlie
The Korean economy grew 0.9 % on-quarter in the fourth quarter, slowing from a 1.1 % on-quarter gain in the third quarter, according to the BO
The BOK said that the Korean economy is likely to grow 3.8 % in 2014 after a revised 3 % increase last yea
The sub-index measuring economic outlook came in at 102 for March, up from 99 tallied in the previous mont
The index gauging the current economic assessment reached 88 for this month, up from 85 in February, the BOK adde
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