Retail Sales in South Korea increased 3.40 percent in June of 2020 over the previous month.

Retail Sales MoM in South Korea averaged 0.31 percent from 1995 until 2020, reaching an all time high of 5.50 percent in December of 1995 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 2020. source: Statistics Korea

Retail Sales MoM in South Korea is expected to be 0.30 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 0.90 in 12 months time. In the long-term, the South Korea Retail Sales MoM is projected to trend around 0.90 percent in 2021, according to our econometric models.

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South Korea Retail Sales MoM

Actual Previous Highest Lowest Dates Unit Frequency
3.40 4.60 5.50 -12.50 1995 - 2020 percent Monthly


Calendar GMT Actual Previous Consensus TEForecast
2020-04-28 11:00 PM Mar -1.0% -6.0% 0.5%
2020-05-28 11:00 PM Apr 5.3% -1.0% 0.9%
2020-06-29 11:00 PM May 4.6% 5.3% 1%
2020-07-30 11:00 PM Jun 3.4% 4.6% 0.6%
2020-08-30 11:00 PM Jul
2020-09-28 11:00 PM Aug
2020-10-29 11:00 PM Sep 0.3%
2020-11-29 11:00 PM Oct
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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.