The Bank of Korea’s August 2026 Consumer Tendency Survey showed that the Composite Consumer Sentiment Index fell 2.3 points from July to 104.5. The decline reflected weaker assessments of domestic economic conditions and modest deterioration in household living standards, income and spending expectations. Sentiment on current domestic economic conditions dropped five points to 79, while the outlook for future conditions fell three points to 89. One-year expected inflation remained at 2.7%, with three-year and five-year expectations unchanged at 2.6%.