RoK reports 9.4 pct rise in retail sales in November
Retail sales in the Republic of Korea increased more than 9 percent in November from a year earlier, led by strong demand for products sold through online malls and convenience stores, Yonhap news agency reported.
Hanoi (VNA) –Retail sales in the Republic of Korea increased more than 9 percent in Novemberfrom a year earlier, led by strong demand for products sold through onlinemalls and convenience stores, Yonhap news agency reported, citing governmentdata.
According to statistics of the Ministryof Trade, Industry and Energy, the combined sales of 26 online and offlineretailers stood at 10.68 trillion won (9.97 billion USD) last month, up 9.4percent from a year ago.
Meanwhile, sales of 13 offlineretailers rose 5.4 percent last month, the biggest gain since January.
The data also showed that amongoffline outlets, convenience stores showed the highest growth at 10.2 percent,and discount chains' sales remained flat, while department stores rose 8.5percent.
Sales of 13 major online storesand marketplaces gained 16.7 percent on-year last month, according to the data.-VNA
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Illustrative image (Source: //english.yonhapnews.co.kr/) 
