Retail Sales In South Korea Dips 0.5% In March

29 Apr 2022 , 09:16 AM

The value of retail sales in South Korea was down a seasonally adjusted 0.5 percent on month in March. That missed expectations for a decline of 0.2 percent following the downwardly revised flat reading in February (originally 0.1 percent). On a yearly basis, retail sales climbed 2.3 percent – topping forecasts for an increase of 2.0 percent following the 1.6 percent gain in the previous month.

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