South Korea Retail Sales YoY

Retail Sales in South Korea increased 5 percent in October of 2018 over the same month in the previous year. Retail Sales YoY in South Korea averaged 3.97 percent from 1996 until 2018, 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 4.50 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 3.90 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.

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Calendar	GMT		Actual	Previous	TEForecast
2018-08-30	11:00 PM	Retail Sales YoY	6.0%	4.1%	3.5%
2018-10-01	11:00 PM	Retail Sales YoY	6.0%	5.7%	6.2%
2018-10-30	11:00 PM	Retail Sales YoY	0.5%	5.9%	4.8%
2018-11-29	11:00 PM	Retail Sales YoY	5.0%	0.4%	1.5%
2018-12-27	11:00 PM	Retail Sales YoY		5.0%	3.3%
2019-01-30	11:00 PM	Retail Sales YoY			4.50%
2019-03-01	11:00 PM	Retail Sales YoY

South Korea Consumer	Last	Previous	Highest	Lowest	Unit
Consumer Confidence	96.00	99.50	120.60	69.40	Index Points	[+]
Retail Sales MoM	0.20	-2.10	5.50	-12.40	percent	[+]
Retail Sales YoY	5.00	0.40	20.20	-21.50	percent	[+]
Consumer Spending	191478.00	190580.50	191478.00	6809.67	KRW Billion	[+]
Disposable Personal Income	1722492.80	1632613.90	1722492.80	2866.70	KRW Billion	[+]
Personal Savings	8.80	8.80	25.80	1.10	percent	[+]
Consumer Credit	1514376.90	1493155.50	1514376.90	142746.90	KRW Billion	[+]
Bank Lending Rate	3.64	3.61	17.01	3.23	percent	[+]
Households Debt To GDP	95.20	94.80	95.20	1.40	percent of GDP	[+]
Gasoline Prices	1.34	1.48	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 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 December of 2018.