South Korea Retail Sales Mom

South Korea’s retail sales fell 2.4% month-over-month in August 2025, reversing sharply from a 2.7% rise in July and marking the steepest decline since February 2024. The drop was largely attributed to weaker demand for durable goods such as automobiles and household appliances, alongside slower sales in department stores and online platforms. Retail sales are a key gauge of private consumption, providing insights into consumer behavior and broader economic sentiment.