South Korea Retail Sales MoM

Retail Sales in South Korea decreased 0.90 percent in July of 2019 over the previous month. Retail Sales MoM in South Korea averaged 0.30 percent from 1995 until 2019, reaching an all time high of 5.50 percent in December of 1995 and a record low of -12.40 percent in January of 1998.

Retail Sales MoM in South Korea is expected to be 0.40 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Retail Sales MoM in South Korea to stand at 0.60 in 12 months time. In the long-term, the South Korea Retail Sales MoM is projected to trend around 0.90 percent in 2020, according to our econometric models.

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Calendar	GMT		Actual	Previous	TEForecast
2019-05-30	11:00 PM	Retail Sales MoM Apr	-1.2%	3.5%	-1.6%
2019-06-27	11:00 PM	Retail Sales MoM May	0.9%	-1.2%	0.8%
2019-07-30	11:00 PM	Retail Sales MoM Jun	-1.6%	0.9%	-0.7%
2019-08-29	11:00 PM	Retail Sales MoM Jul	-0.9%	-1.6%	0.6%
2019-09-29	11:00 PM	Retail Sales MoM Aug		-0.9%	1.1%
2019-10-30	11:00 PM	Retail Sales MoM Sep			0.4%
2019-11-28	11:00 PM	Retail Sales MoM Oct

South Korea Consumer	Last	Previous	Highest	Lowest	Unit
Consumer Confidence	92.50	95.90	120.60	69.40	Index Points	[+]
Retail Sales MoM	-0.90	-1.60	5.50	-12.40	percent	[+]
Retail Sales YoY	-0.30	1.20	20.20	-21.50	percent	[+]
Consumer Spending	221901.20	220417.20	221901.20	6809.67	KRW Billion	[+]
Disposable Personal Income	1890779.40	1836741.90	1890779.40	2866.70	KRW Billion	[+]
Personal Savings	34.60	34.50	42.70	13.40	percent	[+]
Consumer Credit	1556091.90	1540043.80	1556091.90	142746.90	KRW Billion	[+]
Bank Lending Rate	3.40	3.49	17.01	3.23	percent	[+]
Households Debt To GDP	97.70	96.90	97.70	1.40	percent of GDP	[+]
Economic Optimism Index	88.00	89.00	117.00	55.00	Net Balance	[+]
Gasoline Prices	1.23	1.26	1.84	0.54	USD/Liter	[+]
Consumer Confidence Current Conditions	96.00	93.00	117.00	25.00		[+]
Consumer Confidence Economic Expectations	109.00	112.00	122.00	49.00		[+]
Consumer Confidence Financial Expectations	103.00	103.00	107.00	82.00		[+]
Consumer Confidence Major Purchases Expectations	97.00	96.00	97.00	73.00		[+]
Consumer Confidence Price Trends	139.00	139.00	163.00	129.00		[+]
Consumer Confidence Savings Expectations	97.00	97.00	102.00	82.00		[+]
Consumer Confidence Unemployment Expectations	110.00	121.00	121.00	41.00		[+]

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. 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 - actual data, historical chart and calendar of releases - was last updated on September of 2019.