Consumers are opening their wallets as the economy picks up steam.
The consumer sentiment index, based on a survey of 2,200 households nationwide, hit a 17-month high in October. The Bank of Korea said it reached 106 this month, up four points from September.
The index is an indicator of consumers' outlook on the economy, living conditions and future spending. A reading above 100 means that optimists outnumber pessimists.