Retail Sales in South Korea declined 3.2 percent from a year earlier in July of 2023, marking the biggest fall since July 2020, following a 0.9% rise in the prior month. source: Statistics Korea

Retail Sales MoM in South Korea averaged 0.28 percent from 1995 until 2023, reaching an all time high of 6.00 percent in March of 2019 and a record low of -12.50 percent in January of 1998. This page provides the latest reported value for - South Korea Retail Sales MoM - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. South Korea Retail Sales MoM - data, historical chart, forecasts and calendar of releases - was last updated on August of 2023.

Retail Sales MoM in South Korea is expected to be 1.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations.

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South Korea Retail Sales MoM



Calendar GMT Reference Actual Previous Consensus TEForecast
2023-07-27 11:00 PM Jun 1% 0.4% 0.6%
2023-08-30 11:00 PM Jul -3.2% 0.9% 0.5%
2023-10-01 11:00 PM Aug


Related Last Previous Unit Reference
Retail Sales MoM -3.20 0.90 percent Jul 2023
Retail Sales YoY -1.70 1.50 percent Jul 2023

South Korea Retail Sales MoM
In South Korea, the Retail sales report provides an aggregated measure of sales of retail goods and services over a specific time period. In South Korea, Retail sales are seasonal, volatile and relatively important to the overall economy.
Actual Previous Highest Lowest Dates Unit Frequency
-3.20 0.90 6.00 -12.50 1995 - 2023 percent Monthly
2020=100, SA