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South Korea Retail Sales MoM

South Korea's retail sales decreased by 2.4% month-over-month in August 2025. This follows a 2.7% increase in July 2025 and is the lowest reading since February 2024. Consumer sentiment showed a slight softening in future outlook expectations in September 2025, after peaking in August. Persistent inflation continues to affect purchasing power. Elevated household debt and a slowdown in construction investment also impact domestic demand. South Korea's record low Retail Sales MoM was -12.4% in January 1998 and record high was 5.5% in December 1995.

Monthly Historical Data (1995-2025)

(in %)
Month Retail Sales MoM
Aug 2025 -2.4%
Jul 2025 2.7%
Jun 2025 0.7%
May 2025 -0.1%
Apr 2025 -0.9%
Mar 2025 -1%
Feb 2025 1.8%
Jan 2025 -0.6%
Dec 2024 0.2%
Nov 2024 -0.7%
Oct 2024 -0.8%
Sep 2024 -0.3%
Aug 2024 1.5%
Jul 2024 -2%
Jun 2024 1%
May 2024 -0.2%
Apr 2024 -0.8%
Mar 2024 1.1%
Feb 2024 -3.1%
Jan 2024 1%
Dec 2023 0.6%
Nov 2023 0.9%
Oct 2023 -0.8%
Sep 2023 0.1%
Aug 2023 -0.3%
Jul 2023 -3.2%
Jun 2023 0.9%
May 2023 0.6%
Apr 2023 -2.6%
Mar 2023 0.1%
Feb 2023 5.2%
Jan 2023 -1.8%
Dec 2022 0.6%
Nov 2022 -2.9%
Oct 2022 1%
Sep 2022 -2.5%
Aug 2022 3%
Jul 2022 -0.1%
Jun 2022 -0.6%
May 2022 -0.4%
Apr 2022 -1%
Mar 2022 2.2%
Feb 2022 -0.9%
Jan 2022 -1.7%
Dec 2021 1.8%
Nov 2021 -2.3%
Oct 2021 0.3%
Sep 2021 1.7%
Aug 2021 -0.9%
Jul 2021 0.8%
Jun 2021 0.9%
May 2021 -0.1%
Apr 2021 1%
Mar 2021 2.2%
Feb 2021 -0.9%
Jan 2021 1.7%
Dec 2020 0.3%
Nov 2020 0.2%
Oct 2020 -2%
Sep 2020 1.4%
Aug 2020 2.8%
Jul 2020 -4.6%
Jun 2020 2%
May 2020 4.6%
Apr 2020 3.2%
Mar 2020 -3%
Feb 2020 -1.5%
Jan 2020 -5.1%
Dec 2019 1%
Nov 2019 3.1%
Oct 2019 0.3%
Sep 2019 -2.5%
Aug 2019 3.8%
Jul 2019 -0.5%
Jun 2019 -1.4%
May 2019 0.7%
Apr 2019 -1.8%
Mar 2019 5.2%
Feb 2019 -5.2%
Jan 2019 2.7%
Dec 2018 0.2%
Nov 2018 1%
Oct 2018 1.3%
Sep 2018 -1.6%
Aug 2018 -0.3%
Jul 2018 0.4%
Jun 2018 0.5%
May 2018 -0.9%
Apr 2018 -0.8%
Mar 2018 1.1%
Feb 2018 1.1%
Jan 2018 1.5%
Dec 2017 -2.1%
Nov 2017 3.8%
Oct 2017 -1.3%
Sep 2017 2.6%
Aug 2017 -0.3%
Jul 2017 -0.9%
Jun 2017 0.9%
May 2017 0%
Apr 2017 0.6%
Mar 2017 -1.5%
Feb 2017 1.6%
Jan 2017 -1.3%
Dec 2016 1.2%
Nov 2016 -0.3%
Oct 2016 3.2%
Sep 2016 -2.6%
Aug 2016 1.5%
Jul 2016 -2.6%
Jun 2016 0.8%
May 2016 1.3%
Apr 2016 -0.4%
Mar 2016 2.1%
Feb 2016 -1.7%
Jan 2016 0%
Dec 2015 1.6%
Nov 2015 -1.5%
Oct 2015 2.6%
Sep 2015 1.6%
Aug 2015 0.7%
Jul 2015 1.6%
Jun 2015 -2.9%
May 2015 0%
Apr 2015 1.3%
Mar 2015 -2.1%
Feb 2015 3.4%
Jan 2015 -2.6%
Dec 2014 3.7%
Nov 2014 0.8%
Oct 2014 -0.4%
Sep 2014 -2.2%
Aug 2014 0.9%
Jul 2014 0.5%
Jun 2014 0.6%
May 2014 1.5%
Apr 2014 -1.2%
Mar 2014 0.2%
Feb 2014 -3%
Jan 2014 3.3%
Dec 2013 -0.1%
Nov 2013 0.5%
Oct 2013 0.6%
Sep 2013 -0.5%
Aug 2013 -1.1%
Jul 2013 0.9%
Jun 2013 0.5%
May 2013 0.7%
Apr 2013 0%
Mar 2013 -0.6%
Feb 2013 0%
Jan 2013 -0.6%
Dec 2012 0.5%
Nov 2012 0.6%
Oct 2012 -0.4%
Sep 2012 1.7%
Aug 2012 -2.4%
Jul 2012 0.7%
Jun 2012 -0.1%
May 2012 2.1%
Apr 2012 0.4%
Mar 2012 -0.6%
Feb 2012 -2.3%
Jan 2012 1.8%
Dec 2011 2.1%
Nov 2011 -1%
Oct 2011 -0.5%
Sep 2011 0.1%
Aug 2011 0.9%
Jul 2011 -1.5%
Jun 2011 0.9%
May 2011 0.6%
Apr 2011 0.5%
Mar 2011 3.4%
Feb 2011 -7.6%
Jan 2011 5%
Dec 2010 1%
Nov 2010 1%
Oct 2010 -0.8%
Sep 2010 1.5%
Aug 2010 -0.4%
Jul 2010 0.5%
Jun 2010 1.2%
May 2010 0.9%
Apr 2010 -0.5%
Mar 2010 -2.4%
Feb 2010 3.5%
Jan 2010 0.9%
Dec 2009 2%
Nov 2009 -1.6%
Oct 2009 1.8%
Sep 2009 2.9%
Aug 2009 0.4%
Jul 2009 -2.2%
Jun 2009 -0.1%
May 2009 3.5%
Apr 2009 0.3%
Mar 2009 -1.3%
Feb 2009 2.6%
Jan 2009 1.9%
Dec 2008 0%
Nov 2008 -1%
Oct 2008 -1.4%
Sep 2008 -2.1%
Aug 2008 0.6%
Jul 2008 2.4%
Jun 2008 -3.7%
May 2008 -1.2%
Apr 2008 0.4%
Mar 2008 1.3%
Feb 2008 -1.2%
Jan 2008 0.7%
Dec 2007 1%
Nov 2007 0.1%
Oct 2007 -0.3%
Sep 2007 2%
Aug 2007 1.1%
Jul 2007 -0.7%
Jun 2007 -1.5%
May 2007 1.7%
Apr 2007 -1.3%
Mar 2007 -0.4%
Feb 2007 3.3%
Jan 2007 -3.1%
Dec 2006 4.4%
Nov 2006 -0.1%
Oct 2006 1.9%
Sep 2006 0.5%
Aug 2006 2.9%
Jul 2006 -4.1%
Jun 2006 0%
May 2006 0.3%
Apr 2006 0.4%
Mar 2006 1.5%
Feb 2006 0%
Jan 2006 -3.1%
Dec 2005 3%
Nov 2005 2.3%
Oct 2005 0.2%
Sep 2005 0.3%
Aug 2005 0.3%
Jul 2005 0.8%
Jun 2005 0.5%
May 2005 0%
Apr 2005 1%
Mar 2005 0.8%
Feb 2005 1.3%
Jan 2005 -1.9%
Dec 2004 1.3%
Nov 2004 0.5%
Oct 2004 -3%
Sep 2004 3.9%
Aug 2004 -2.4%
Jul 2004 -1.3%
Jun 2004 3.8%
May 2004 -0.7%
Apr 2004 0.7%
Mar 2004 -3.2%
Feb 2004 -0.5%
Jan 2004 3.4%
Dec 2003 -2.1%
Nov 2003 0.2%
Oct 2003 0.3%
Sep 2003 0.3%
Aug 2003 0.3%
Jul 2003 1.3%
Jun 2003 -0.8%
May 2003 2%
Apr 2003 -0.3%
Mar 2003 0.5%
Feb 2003 -7.7%
Jan 2003 4.5%
Dec 2002 -2.2%
Nov 2002 -0.6%
Oct 2002 0.2%
Sep 2002 -1.5%
Aug 2002 1.9%
Jul 2002 2.6%
Jun 2002 -0.2%
May 2002 -1.3%
Apr 2002 0%
Mar 2002 1.4%
Feb 2002 2.5%
Jan 2002 1%
Dec 2001 0.2%
Nov 2001 4%
Oct 2001 -3%
Sep 2001 3.3%
Aug 2001 0.7%
Jul 2001 -0.3%
Jun 2001 0.5%
May 2001 3.1%
Apr 2001 1.6%
Mar 2001 -0.2%
Feb 2001 1.5%
Jan 2001 2.7%
Dec 2000 -3.5%
Nov 2000 2.6%
Oct 2000 0.4%
Sep 2000 -3.3%
Aug 2000 -1.1%
Jul 2000 3%
Jun 2000 -1.1%
May 2000 2.8%
Apr 2000 2.1%
Mar 2000 -0.6%
Feb 2000 1.4%
Jan 2000 0.8%
Dec 1999 0.8%
Nov 1999 1.2%
Oct 1999 1.4%
Sep 1999 1.4%
Aug 1999 -0.6%
Jul 1999 3.8%
Jun 1999 2.2%
May 1999 0.4%
Apr 1999 0.2%
Mar 1999 0.9%
Feb 1999 1.3%
Jan 1999 3.2%
Dec 1998 -0.5%
Nov 1998 0.7%
Oct 1998 2.4%
Sep 1998 -0.2%
Aug 1998 0.5%
Jul 1998 -0.5%
Jun 1998 0.2%
May 1998 0%
Apr 1998 -1.9%
Mar 1998 1.9%
Feb 1998 2.9%
Jan 1998 -12.4%
Dec 1997 -3.5%
Nov 1997 -2.6%
Oct 1997 -0.8%
Sep 1997 1.2%
Aug 1997 -2.6%
Jul 1997 3%
Jun 1997 -2%
May 1997 0.2%
Apr 1997 2.7%
Mar 1997 -0.6%
Feb 1997 2.1%
Jan 1997 -2%
Dec 1996 2.7%
Nov 1996 -1.2%
Oct 1996 3%
Sep 1996 3.7%
Aug 1996 -4%
Jul 1996 1.1%
Jun 1996 0.2%
May 1996 -1.7%
Apr 1996 1.5%
Mar 1996 0.6%
Feb 1996 -0.6%
Jan 1996 2%
Dec 1995 5.5%
Nov 1995 0.9%
Oct 1995 1.4%
Sep 1995 2.2%
Aug 1995 -1.4%
Jul 1995 1.7%
Jun 1995 2%
May 1995 -4%
Apr 1995 3.2%
Mar 1995 0.7%
Feb 1995 -6%

Recent Events

datetime event actual previous consensus
2025-09-29 07:00 PM Retail Sales MoM (Aug) -2.4% 2.7% -
2025-08-28 07:00 PM Retail Sales MoM (Jul) 2.5% 0.7% -

Next Release Date :

South Korea Retail Sales MoM : Definition
South Korea Retail Sales MoM shows the percentage change in total retail sales compared to the prior month. It reflects consumer spending trends. Sales encompass durable & non-durable goods.