Retail Sales in South Korea decreased 0.80 percent in August of 2021 over the previous month. source: Statistics Korea

Retail Sales MoM in South Korea averaged 0.30 percent from 1995 until 2021, reaching an all time high of 6 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 October of 2021.

Retail Sales MoM in South Korea is expected to be 0.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the South Korea Retail Sales MoM is projected to trend around 0.90 percent in 2022, according to our econometric models.

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South Korea Retail Sales MoM

Calendar GMT Actual Previous Consensus TEForecast
2021-06-29 11:00 PM May -1.8% 2.1% 1.4%
2021-07-29 11:00 PM Jun 1.4% -1.8% 0.2%
2021-08-30 11:00 PM Jul -0.6% 1.4% 0.3%
2021-09-29 11:00 PM Aug -0.8% -0.5% -1%
2021-10-28 11:00 PM Sep -0.8%
2021-11-29 11:00 PM Oct
2021-12-29 11:00 PM Nov

South Korea Last Unit Reference Previous Highest Lowest
Retail Sales MoM -0.80 percent Aug/21 -0.50 6.00 -12.50
Retail Sales YoY 3.80 percent Aug/21 7.90 20.20 -21.50

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.