South Korea Retail Sales Jump 2.3% On Month In March

By RTTNews Staff Writer   ✉   | Published:

The value of retail sales in South Korea was up a seasonally adjusted 2.3 percent on month in March, Statistics Korea said on Friday.

That beat expectations for a gain of 1.5 percent following the 0.8 percent contraction in February.

On a yearly basis, retail sales surged 10.9 percent - again exceeding forecasts for an increase of 9.0 percent following the 8.4 percent increase in the previous month.

For comments and feedback contact: editorial@rttnews.com

Economic News

What parts of the world are seeing the best (and worst) economic performances lately? Click here to check out our Econ Scorecard and find out! See up-to-the-moment rankings for the best and worst performers in GDP, unemployment rate, inflation and much more.