Retail Sales in South Korea increased 3.90 percent in August of 2019 over the previous month. Retail Sales MoM in South Korea averaged 0.31 percent from 1995 until 2019, reaching an all time high of 5.50 percent in December of 1995 and a record low of -12.40 percent in January of 1998.
Retail Sales MoM in South Korea is expected to be 0.40 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 0.60 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.