South Korea: Retail sales Y-on-Y

* indicates monthly or quarterly data series
 South Korea

Retail sales Y-on-Y

 Latest value -2.97
 Reference May 2024
 Measure percent
 Data availability January 1996 - May 2024
 Average 3.34
 Min - Max -17.32 - 18.08
 Source Economic Statistics System of South Korea
For that indicator, we provide data for South Korea from January 1996 to May 2024. The average value for South Korea during that period was 3.34 percent with a minimum of -17.32 percent in July 1998 and a maximum of 18.08 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 chart
South Korea - Retail sales Y-on-Y - recent values

Historical chart
South Korea - Retail sales Y-on-Y - historical chart - 1996-2024
Measure: percent
Source: Economic Statistics System of South Korea


Download data from our database


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.

 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
This site uses cookies.
Learn more here


OK