Retail Sales Archives | Be Korea-savvy
Retail Sales Rise 9.2 pct in 2022 amid Eased Social Distancing Rules

Retail Sales Rise 9.2 pct in 2022 amid Eased Social Distancing Rules

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 [...]

Retail Sales Up 9.7 pct in July amid Eased Virus Curbs

Retail Sales Up 9.7 pct in July amid Eased Virus Curbs

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 [...]