Sunday, June 24, 2007

South Korean Consumer Confidence Rose to 15-Month High in Second Quarter

(Bloomberg) -- South Korean consumers showed the
most optimism in 15 months in the second quarter, an indication
that households may spend more and help spur economic growth.

The Bank of Korea's consumer confidence index increased to
108 in the second quarter from 103 in the previous three months,
the central bank said in a statement in Seoul today. A reading
higher than 100 indicates optimists outnumber pessimists.


Read more at Bloomberg Bonds News

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