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28.08.202523:24:43UTC+00S. Korea Retail Sales Growth Hits Over 2-Year High

In July 2025, retail sales in South Korea experienced a significant upswing of 2.5% compared to the previous month. This increase, up from a revised 0.7% rise in June, represents the most rapid growth seen in over two years. The sales increase spanned various categories, with notable growth in durable goods, which climbed by 5.4%, primarily driven by telecommunications equipment and computers. Semi-durable goods, including clothing and recreational items, witnessed a 2.7% rise, while non-durable goods such as food, pharmaceuticals, and stationery showed a 1.1% increase. Retail sales are a crucial indicator of private consumption, providing valuable insights into consumer behavior and the overall economic outlook.

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