Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

South Korea’s Department Store Sales Increased 8.5% in July

Don't Miss Out —
Follow us on:

Aug. 23 (Bloomberg) -- Sales growth at major South Korean department stores were little changed last month, a sign that consumer demand may be faltering.

Outlays at the three biggest chains increased 8.5 percent in July from a year earlier, after rising 8.2 percent in June, the Ministry of Knowledge Economy said in a statement today. Discount-store sales rose 4.9 percent from a year earlier after a 2.7 percent gain in June, today’s report said.

To contact the reporter on this story: William Sim in Seoul at wsim2@bloomberg.net

To contact the editor responsible for this story: Paul Panckhurst at ppanckhurst@bloomberg.net

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.