South Korea's consumer sentiment rebounded in January amid signs the third wave of the COVID-19 pandemic, which began in mid-November last year, is easing. 

According to the Bank of Korea on Tuesday, the composite consumer sentiment index(CCSI) came in at 95-point-four for January, up four-point-two points from the previous month. 

The on-month gain follows a drop in December, when the nation saw about one-thousand daily infections amid the third wave. 

A reading below 100 means pessimists outnumber optimists.

Meanwhile, a subindex measuring people's future outlook on housing prices, which is not factored into the consumer sentiment index, fell two points on-month to 130 in January after hitting a record high the previous month.