South Korea Retail Sales Rebound in March
2026-04-29 23:44
By
Joshua Ferrer
1 min. read
Retail sales in South Korea rose by 1.8% month-on-month in March 2026, rebounding from a revised 0.3% fall in the previous month.
The recovery was largely driven by increased sales of consumer durable goods, particularly communication devices, computers and home appliances.
On a year-on-year basis, retail sales grew by 5% in March, the sharpest since January 2022 and accelerating from a 4.3% rise in the preceding period.
As a key gauge of private consumption, the data signals a renewed pickup in household spending momentum toward the end of first quarter, reversing February’s weakness and pointing to firmer near-term domestic demand.