Consumer sentiment in South Korea improved in October for the fourth consecutive month, with better outlooks for income and spending, central bank data showed Tuesday.

The consumer sentiment index for October came to 105, gaining 2 points from the previous month, according to the data from the Bank of Korea.

A reading above 100 indicates optimists outnumber pessimists.

The index has been on a steady rise since it dipped to 99 in June, slipping below the benchmark 100 for the first time since January 2013.

The monthly index is based on a survey of 2,200 households throughout the country.

A separate index gauging people's outlook on their income came to 101 this month, gaining 1 point from the previous month, while another index measuring outlook on future spending rose at the same rate to 108 over the cited period.

The BOK earlier said Asia's fourth-largest economy grew 1.2 percent from three months earlier in the July-September period, marking the highest on-quarter growth in five quarters.

Still, the survey showed more people held a gloomy view for the future of the local economy with the index measuring the outlook of economic conditions six months from now coming to 91, up 3 points from a month earlier.

Particularly, the index measuring outlook on job opportunities slipped 1 point from a month earlier to 90 in September, with the index gauging outlook on changes to interest rates also losing a point to 106 over the cited period. (Yonhap)