South Korea: Retail sales Y-on-Y
* indicates monthly or quarterly data series
The most recent value is -0.29 percent as of May 2025, a decline compared to the previous value of -0.1 percent. Historically, the average for South Korea from January 1996 to May 2025 is 3.2 percent. The minimum of -17.32 percent was recorded in July 1998, while the maximum of 18.08 percent was reached in May 2000.
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* indicates monthly or quarterly data series
- Measure: percent
- Source: Economic Statistics System of South Korea
| Recent values | South Korea: Retail sales Y-on-Y |
|---|---|
| 2025 May | -0.29 |
| 2025 Apr | -0.1 |
| 2025 Mar | 0.49 |
| 2025 Feb | 2.99 |
| 2025 Jan | -2.31 |
| 2024 Dec | -1.92 |
| 2024 Nov | -2.59 |
| 2024 Oct | -2.01 |
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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 | Reference | Measure |
|---|---|---|---|
| Industrial production | 0.20 | 5/2025 | percent |
| Retail sales | 101.40 | 5/2025 | index points |
| Retail sales Y-on-Y | -0.29 | 5/2025 | percent |
| House price index | 142.34 | Q1/2025 | index points |
| Real residential property prices Y-on-Y change | -2.20 | Q1/2025 | percent |
| Business confidence survey | -32.00 | 6/2025 | points |
| Consumer confidence | 9.00 | 6/2025 | points |