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FX.co ★ South Korea Retail Sales Rise in February

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typeContent_19130:::2025-03-30T23:29:22

South Korea Retail Sales Rise in February

Retail sales in South Korea experienced a 1.5% increase in February 2025 compared to the previous month, rebounding from a 0.7% decrease in January and reaching their highest point since August 2024. Nonetheless, year-over-year figures show a 2.3% decrease, following stable results in January. Despite this overall annual drop, sales of consumer durables saw a significant 13.7% year-on-year surge, indicating robust demand within this sector. Retail sales are a crucial measure of private consumption trends, providing insight into changing consumer spending behaviors.

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