March 2006 consumer survey index
Overview
The consumer expectations index for March remained about the same as a month ago, but the consumer present situation index was up from the previous month.
Consumer expectations index
The consumer expectations index, a barometer of consumer confidence for the next six months, stayed at 103.4, almost the same level as the previous month. Also, the seasonally adjusted index moved at the same pace posting 100.7.
The expectations index for the economy remained about the same at 103.2 as the pervious month, staying above the baseline of 100. It indicates that more consumers positively saw the economy in the next six months. The expectations index for living conditions also stayed at the same level recording 101.1. The expectations index for expenditure dropped from a month ago to 105.8. However, it still stood above the baseline of 100, indicating that more consumers intended to increase consumption.
Consumer expectations index by income and age group
The consumer expectations index in March fell a bit for all income groups other than those earning 1~1.99 million won and 3~3.99 million won per month. However, the index hovered over the baseline of 100 for all income groups with earnings over 1 million won inclusive since January.
By age group, the consumer expectations index was up for the age groups of those in their 30s and 40s, while it fell from the previous month for those in their 20s and 50s.
Consumer present situation index
The present situation index, an indicator of consumer confidence on the current economic and living conditions as compared to the previous months, climbed to 90.1 from 89.0 in the previous month.
The present situation index for the economy recorded 90.0, the same level as the previous month. The present situation index for living conditions moved up to 90.2, indicating that more consumers than the previous month think that living conditions were better than six months ago.
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2008년 10월 6일 16:30