S. Korea Consumer Confidence Dips to 10-Month Low on Iran Risks

South Korea’s consumer confidence fell in March to the lowest in 10 months as the war in Iran darkened the outlook for growth and prices, tempering optimism from the elevated levels seen earlier this year.

The composite consumer sentiment index dropped to 107 in March from 112.1 in February, according to data released Wednesday by the Bank of Korea. The reading, while still above the neutral threshold of 100, marked the weakest level since May 2025. The gauge touched an eight-year high in November.