Economic
South Korea’s consumer sentiment weakened in March as geopolitical tensions led by the U.S-Iran war
Consumer confidence in South Korea has fallen sharply in March 2026 due to geopolitical tensions and inflation concerns, deteriorating economic sentiment.
South Korea’s composite consumer sentiment index (CCSI) dropped to 107 in March 2026, down 5.1 points from 112.1 in February, marking the largest decline in 15 months. Concerns over rising prices and a potential slowdown linked to the Iran conflict have made households more cautious about the economy. The consumer sentiment on the future outlook was 97 in March, four points lower than in February, and sentiment regarding current living standards was 94, down 2 points compared to the previous month. This deterioration in sentiment reflects heightened economic uncertainty and could negatively impact future consumption and investment in South Korea.
- Status
- active
- Location
- Seoul, South Korea
- Date added
- 2026-03-25 20:50 UTC
- Last updated
- 2026-03-25 20:50 UTC
- Source
- https://www.koreatimes.co.kr
- Connected threats
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- Not Available