Retail Sales in South Korea increased 2.40 percent in March of 2019 over the same month in the previous year. Retail Sales YoY in South Korea averaged 3.93 percent from 1996 until 2019, reaching an all time high of 20.20 percent in May of 2000 and a record low of -21.50 percent in July of 1998.

Retail Sales YoY in South Korea is expected to be 3.70 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Retail Sales YoY in South Korea to stand at 3.20 in 12 months time. In the long-term, the South Korea Retail Sales YoY is projected to trend around 6.00 percent in 2020, according to our econometric models.

South Korea Retail Sales YoY
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Forecast Data Chart
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Calendar GMT Actual Previous Consensus TEForecast
2019-01-30 11:00 PM Retail Sales YoY 3.0% 1.0% 4.5%
2019-02-27 11:00 PM Retail Sales YoY 4.0% 3.0% 1.9%
2019-03-28 11:00 PM Retail Sales YoY -2.0% 4.1% 4.3%
2019-04-29 11:00 PM Retail Sales YoY 2.4% -1.8% 4.2%
2019-05-30 11:00 PM Retail Sales YoY 2.4% 2%
2019-06-27 11:00 PM Retail Sales YoY
2019-07-30 11:00 PM Retail Sales YoY 3.7%


South Korea Consumer Last Previous Highest Lowest Unit
Consumer Confidence 102.00 99.80 120.60 69.40 Index Points [+]
Retail Sales MoM 3.30 -0.50 5.50 -12.40 percent [+]
Retail Sales YoY 2.40 -1.80 20.20 -21.50 percent [+]
Consumer Spending 193596.70 193328.70 193596.70 6809.67 KRW Billion [+]
Disposable Personal Income 1770713.90 1722492.80 1770713.90 2866.70 KRW Billion [+]
Personal Savings 8.80 8.80 25.80 1.10 percent [+]
Consumer Credit 1540043.80 1534631.00 1540043.80 142746.90 KRW Billion [+]
Bank Lending Rate 3.66 3.70 17.01 3.23 percent [+]
Households Debt To GDP 96.90 96.00 96.90 1.40 percent of GDP [+]
Gasoline Prices 1.26 1.22 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 [+]


South Korea Retail Sales YoY

In South Korea, the year-over-year change in Retail sales compares the aggregated sales of retail goods and services during a certain month to the same month a year ago. This page provides - South Korea Retail Sales YoY - actual values, historical data, forecast, chart, statistics, economic calendar and news. South Korea Retail Sales YoY - actual data, historical chart and calendar of releases - was last updated on May of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
2.40 -1.80 20.20 -21.50 1996 - 2019 percent Monthly




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