South Korea Retail Sales MoM - Forecast

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. Looking forward, we estimate Retail Sales MoM in South Korea to stand at 0.40 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.


Forecast Data Chart
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South Korea Consumer Last Q4/18 Q1/19 Q2/19 Q3/19 2020
Consumer Confidence 102 99.3 101 101 102 103
Retail Sales MoM 0 0.5 0.3 -0.7 0.4 0.9
Retail Sales YoY 6 4.5 4.2 3.7 3.9 6
Consumer Spending 190580 194702 193570 195726 196107 203164
Disposable Personal Income 1722493 1790000 1870000 1870000 1870000 1950000
Personal Savings 8.8 9.1 10.3 10.3 10.3 11.4
Consumer Credit 1493156 1537000 1551000 1583000 1598000 1647000
Bank Lending Rate 3.63 3.63 3.63 3.88 3.88 4.13
Households Debt To Gdp 95.2 95.4 95.8 96.1 96.4 96.9
Gasoline Prices 1.48 1.31 1.3 1.21 1.12 1.1
Consumer Confidence Current Conditions 96 95.61 95.61 95.61 95.61 95.61
Consumer Confidence Economic Expectations 109 111 111 111 111 111
Consumer Confidence Financial Expectations 103 103 103 103 103 103
Consumer Confidence Major Purchases Expectations 97 95.11 95.11 95.13 95.13 95.13
Consumer Confidence Price Trends 139 138 138 138 138 138
Consumer Confidence Savings Expectations 97 96.57 96.57 96.57 96.57 96.57
Consumer Confidence Unemployment Expectations 110 107 107 107 107 107