Asian Economic News

S. Korea Department Store Sales Fall In July

South Korea's department store sales declined in July suggesting weak domestic demand, official data showed Tuesday.

Sales at leading department stores slipped 0.9 percent annually, following a 2 percent drop in June, the Ministry of Strategy and Finance reported.

At the same time, sales at the top three discount stores dropped 8.3 percent year-on-year, bigger than the 7.2 percent fall in the prior month.

by RTTNews Staff Writer

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