South Korea: Retail sales

* indicates monthly or quarterly data series
 South Korea

Retail sales index

 Latest value 101.2
 Reference April 2024
 Measure index points
 Data availability January 1995 - April 2024
 Average 75.29
 Min - Max 40.7 - 108.5
 Source Economic Statistics System of South Korea
For that indicator, we provide data for South Korea from January 1995 to April 2024. The average value for South Korea during that period was 75.29 index points with a minimum of 40.7 index points in May 1995 and a maximum of 108.5 index points in October 2021. Click on the following link to see the values of Retail sales index around the world.
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* indicates monthly or quarterly data series

Recent values chart
South Korea - Retail sales - recent values

Historical chart
South Korea - Retail sales - historical chart - 1995-2024
Measure: index points
Source: Economic Statistics System of South Korea

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Definition: The retail sales index is an aggregated measure of the sales of retail goods over a stated period. Because retail sales are a measure of consumer demand for finished goods, they are a leading macroeconomic indicator of the pulse of an economy and its projected path toward expansion or contraction. The retail sales index measures only the volume changes, i.e. price level changes are excluded.

 Related indicators Latest value Reference Measure
 Industrial production 3.00 9/2023 percent
 Retail sales 102.40 9/2023 index points
 Retail sales Y-on-Y -2.85 9/2023 percent
 House price index 142.85 Q3/2023 index point
 Real residential property prices Y-on-Y change -10.13 Q3/2023 percent
 Business confidence survey -27.00 9/2023 points
 Consumer confidence survey 0.00 9/2023 points
 Purchasing Managers Index (PMI), manufacturing 49.90 9/2023 index points
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