South Korea Retail Sales Fall 1.8% On Month In August


By RTTNews Staff Writer   ✉   | Published:

The total value of retail sales in South Korea was down a seasonally adjusted 1.8 percent on month in August, Statistics Korea said on Friday.

That was shy of expectations for a decline of 1.0 percent following the 0.3 percent fall in July.

On a yearly basis, retail sales advanced 2.2 percent – exceeding forecasts for an increase of 1.5 percent following the 1.9 percent contraction a month earlier.

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