South Korea: Retail sales Y-on-Y

(measure: percent, source: Economic Statistics System of South Korea)

* indicates monthly or quarterly data series

Retail sales Y-on-Y in South Korea, January 1996 - September 2021:

For that indicator, we provide data for South Korea from January 1996 to September 2021. The average value for South Korea during that period was 3.78 percent with a minimum of -21.53 percent in July 1998 and a maximum of 20.19 percent in May 2000. Click on the following link to see the values of Retail sales Y-on-Y around the world.

Select indicator

* indicates monthly or quarterly data series

Recent values

Longer historical series

Measure: percent
Source: Economic Statistics System of South Korea

Definition: The retail sales Y-on-Y 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. Retail sales Y-on-Y is calculated as the percent change in the Retail sales index from the same month the previous year. The Retail sales Y-on-Y measures only volume changes, i.e. price level changes are excluded.