[THE INVESTOR] South Korean consumers have high hopes of an economic recovery, with overall sentiment at an eight-month high, central bank data showed Aug. 26.

The composite consumer sentiment index for August came to 102, compared to 101 the previous month, according to the data from the Bank of Korea. The figure marks the highest since December.

A reading above 100 means optimists outnumber pessimists.

A separate index gauging the people‘s sentiments toward the current economic conditions came to 74 in August, up from 71 the previous month.

(theinvestor@heraldcorp.com)