SEOUL, Mar. 29 (Korea Bizwire) — South Korea’s industrial output rose for the fourth consecutive month in February on the back of increasing semiconductor production, but retail sales fell amid high inflation, data showed Friday. Industrial output increased 1.3 percent on-month last month, following a 0.4 percent rise the previous month, according to the data [...]
SEOUL, July 26 (Korea Bizwire) — Retail sales in South Korea rose 5.7 percent on-year in the first half of this year amid eased antivirus curbs and people’s growing outdoor activities, the industry ministry said Wednesday. The combined sales of 25 major offline and online retailers came to 85.4 trillion won (US$66.76 billion) during the [...]
SEOUL, May 30 (Korea Bizwire) — Retail sales in South Korea rose 4 percent on-year in April on the back of people’s growing outdoor activities and various promotional events by major discount stores, the industry ministry said Tuesday. The combined sales of 25 major offline and online retailers came to 14.08 trillion won (US$10.67 billion) [...]
SEOUL, April 25 (Korea Bizwire) — Retail sales in South Korea rose 6.4 percent on-year in March as people’s growing outdoor activities boosted demand for fashion and other items, the industry ministry said Tuesday. The combined sales of 25 major offline and online retailers came to 14.5 trillion won (US$10.89 billion) last month, compared with [...]
SEOUL, Feb. 2 (Korea Bizwire) — Retail sales in South Korea rose 9.2 percent on-year in 2022 on the back of growing outdoor activities on eased social distancing rules amid the prolonged COVID-19 pandemic, the industry ministry said Thursday. The combined sales of local offline retailers rose 8.9 percent on-year from the previous year, and [...]
SEOUL, Aug. 30 (Korea Bizwire) — Retail sales in South Korea rose 9.7 percent on-year in July amid eased COVID-19 curbs and the growth in people’s outdoor activities, the industry ministry said Tuesday. The combined sales of 25 major offline and online retailers came to 14.17 trillion won (US$10.48 billion) last month, compared with 12.9 [...]
SEOUL, Nov. 11 (Korea Bizwire) — Retails sales in 15 provinces and major cities in South Korea increased in the third quarter as people increased outdoor activity amid the vaccine rollout and the economic recovery, data showed Thursday. Retail sales, a gauge of private spending, rose in nine provinces and six cities in the third [...]
SEOUL, Aug. 26 (Korea Bizwire) — Retail sales in South Korea advanced 13 percent in July from a year earlier, data showed Thursday, on the back of strong demand for food delivery services amid the prolonged social distancing measures. The combined sales of 25 major offline and online retailers reached 12.9 trillion won (US$11 billion) [...]
SEOUL, July 27 (Korea Bizwire) — Retails sales in South Korea rose 12 percent in the first half of 2021 from a year earlier, data showed Tuesday, as consumers were fatigued by the prolonged COVID-19 pandemic and became less reluctant to visit supermarkets and department stores. The combined sales of 25 major offline and online [...]
SEOUL, May 27 (Korea Bizwire) — Retail sales in South Korea shot up 13.7 percent on-year in April on the back of an economic recovery amid the prolonged COVID-19 pandemic, data showed Thursday. The combined sales of 25 major offline and online retailers reached 12.3 trillion won (US$11 billion) last month, up from 10.8 trillion [...]