South Korea's consumer confidence fell in October, with a stock market pullback and continued Middle East tensions weighing on sentiment. According to Sina Finance, the Bank of Korea said the Composite Consumer Sentiment Index (CCSI) stood at 105.4, down 1.2 points from September. A reading above 100 indicates that optimists outnumber pessimists, while a reading below 100 indicates the opposite. The current economic conditions subindex fell 1 point to 82, and the future economic outlook subindex dropped 2 points to 88. The Bank of Korea said pessimistic expectations increased as the stock market correction and ongoing military tensions in the Middle East dealt a heavy blow to consumer sentiment. The KOSPI fell 15.7% in the first three weeks of October amid renewed concerns about the outlook for large-scale AI infrastructure investment. The survey covered 2,500 households from October 13 to 20.
