The Bank of Korea released its Consumer Tendency Survey for January 2026, showing an improvement in overall consumer sentiment. The Composite Consumer Sentiment Index (CCSI) rose to 110.8, up 1.0 point from December, while one-year ahead inflation expectations were unchanged at 2.6%. Within the headline result, sentiment on current living standards increased to 96 (+1) while prospective living standards held at 100. Expectations for future household income were unchanged at 103, and prospective household spending edged up to 111 (+1). Views on current domestic economic conditions rose to 90 (+1) and the outlook for future domestic economic conditions improved to 98 (+2). The survey also reported prospective housing prices at 124 (+3), prospective interest rates at 104 (+2), and prospective employment opportunities at 91 (-1). Inflation perceptions remained at 2.9%, while three-year and five-year ahead expected inflation rates were both 2.5%; the survey covered 2,500 households nationwide, with 2,254 responses collected between January 8 and 15, 2026.
Bank of Korea 2026-01-23
Bank of Korea publishes January 2026 Consumer Tendency Survey showing CCSI rises to 110.8 and one-year inflation expectations at 2.6%
The Bank of Korea's January 2026 Consumer Tendency Survey indicates a rise in the Composite Consumer Sentiment Index to 110.8, with stable one-year inflation expectations at 2.6%. The survey, covering 2,254 households, shows mixed sentiment on economic conditions, with improvements in current living standards and future domestic economic outlook, but a slight decline in prospective employment opportunities.