Korea's consumer confidence jumps to 102 in January

Highest level in 8 months.

According to BBVA, consumer confidence rose in Korea to 102 in January from 99 the previous month, reaching its highest level in eight months. "An improving global environment is helping to lift consumer sentiment in Korea, with a further boost being given by expectations incoming President Park will focus on creating jobs and increasing social welfare after she is sworn in next month," BBVA said.