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South Koreans are expected to jack up their spending on sports and tours in the third quarter of this year, a survey showed Wednesday, as the country's key consumer sentiment index reached a six-year high last month.
According to the survey conducted by the Korea Culture & Tourism Institute, the expected consumer sentiment index in the culture, sports and tourism sector for the July-September period came to 110.1, up 3.2 points from a year earlier.
According to the survey conducted by the Korea Culture & Tourism Institute, the expected consumer sentiment index in the culture, sports and tourism sector for the July-September period came to 110.1, up 3.2 points from a year earlier.
A reading above 100 means optimists outnumber pessimists, while a reading below the benchmark means the opposite.
The index was based on a survey of 1,500 adults aged 19 or older throughout the country, the institute said.
South Korea's key consumer sentiment index improved for the sixth consecutive month in July, reaching over a six-year high with 111.2, according to separate data from the Bank of Korea. (Yonhap)
