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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
South KoreaSouth Korea Consumer Confidence climbed to 106.8% in July 2026
FMPMonthlyReleased July 2026
South Korea Consumer Confidence climbed to 106.8% in July 2026, up 0.2% from June's 106.6% reading. The reading matched the 107.0% consensus. Consumer Confidence has now risen for 4 consecutive months. Over the past 3 months, Consumer Confidence averaged 106.35%, vs 106.1% in the prior 3-month window. The reading is in the 59th percentile of the trailing 24-month range.
Latest Release
106.8
Actual
107
Consensus
106.6
Previous
Median Absolute Error
±3.3 percentage points
across last 12 releases
Last Call
Jul 2026
Predicted: 109.43
Actual: 106.8
Error: +2.63
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Co-movement | Action |
|---|---|---|---|---|---|
| Hang Seng | ▲ Direct | +0.59 | INDEX | Moves with | → View |
| Nikkei 225 | ▲ Direct | +0.58 | INDEX | Moves with | → View |
| S&P 500 | ▲ Direct | +0.52 | INDEX | Moves with | → View |
| XAU/USD | ▲ Direct | +0.38 | COMMODITIES | Moves with | → View |
| KOSPI | ▲ Direct | +0.37 | INDEX | Moves with | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
Consumer Confidence (South Korea) was reported at 106.8% in July 2026. This missed the market consensus of 107% by 0.2%. The reading rose from the previous value of 106.6%. Trailing 12-month context per ETL data through July 2026. Over the past 12 months, the indicator has averaged 109.22%, ranging from 106.1% to 112.4% across 10 releases. This is classified as a medium-impact indicator released on a monthly basis.
WHY IT MATTERS
The indicator has been trending upward over the last three releases. The trailing three releases averaged 106.5%, down from the prior three at 109.67%. Volatility over the past year (σ 2.28%) is lower than the prior year (σ 6.46%). In July readings over the past 3 years, Consumer Confidence has averaged 107.07%.
THE MODEL'S TAKE
Historically, this indicator is positively correlated with Hang Seng (Bullish Hang Seng). A secondary relationship exists with Nikkei 225, positively correlated (Bullish Nikkei 225). Over the last 12 releases, the Sigmacast model's median absolute error is 3.3%.
WHAT TO WATCH NEXT
The next release is scheduled for August 24, 2026. Same-country events in the next 14 days include S&P Global Manufacturing PMI (Aug 3) and Inflation Rate YoY (Aug 3).
Auto-generated from current model state · Refreshes on each release · Last update July 2026.
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Consumer Confidence - KR
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About Consumer Confidence — South Korea
DEFINITION
Index The Consumer Confidence Index is a widely recognized financial indicator that measures the level of optimism or pessimism among consumers regarding the state of the economy. It is based on surveys and data collected from a representative sample of households, and is used by economists and investors to gauge consumer spending patterns and overall economic health. A higher index value indicates a positive outlook, while a lower value suggests a more negative sentiment. This index is a valuable tool for businesses and policymakers in making informed decisions and predicting future economic trends.
WHY THIS INDICATOR MATTERS
Sentiment surveys are forward-looking inputs that often lead hard data on output and hiring. Sharp swings can drive cross-asset repricing. Surprises against consensus can drive short-term moves, particularly when the print breaks an established trend. Released monthly.
WHAT CHANGED THIS MONTH
Latest reading (Jul 2026): actual 106.8 %, consensus 107 %. Prior reading (Jun 2026): 106.6 %. Before that (May 2026): 106.1 %.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a similar reading versus the latest print, with the 3-month outlook reinforcing that direction. Both horizons are aligned bullish for this indicator, suggesting a consistent trend signal. Trend-driven dynamics are the primary tailwind in the current projection. This indicator correlates most strongly with Hang Seng (Bullish Hang Seng, r=0.59) — a useful reference for index-focused traders.
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Economic Calendar - KR Events
| Saturday, August 1, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
|---|---|---|---|---|---|---|---|
| 00:00 | KR | Exports YoY | 62.8 | 70.7 | 59 | 60.90 | Medium |
| 00:00 | KR | Imports YoY | 26.5 | 30 | 26.6 | 26.55 | Low |
| 00:00 | KR | Balance of Trade | 30.32 | 36.09 | 29.59 | 29.95 | Low |
| Monday, August 3, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
| 00:30 | KR | S&P Global Manufacturing PMI | 52.1 | 52.5 | 52.80 | Medium | |
| 23:00 | KR | Inflation Rate YoY | 3.2 | 3.3 | 3.30 | Medium | |
| 23:00 | KR | Inflation Rate MoM | 0.1 | 0.3 | 0.30 | Low | |
| Wednesday, August 5, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
| 23:00 | KR | Current Account | 38.61 | 34.7 | 34.70 | Low | |