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SOUTH KOREA: Retail Sales Steady as Eyes on BOK Decision. 

SOUTH KOREA
EM BulletBulletSouth KoreaAPACEmerging Market News
  • October retail sales YoY rose by +6.7% (September +6.7%).
  • Department Store sales YoY cratered down -2.6%.
  • Discount store sales YoY remain in decline at -3.4%.
  • The consumer was a key input into last month’s decision to cut rates by the BOK and today’s sales number add to the gloom that the consumer confidence release from earlier in the day highlighted.  
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  • October retail sales YoY rose by +6.7% (September +6.7%).
  • Department Store sales YoY cratered down -2.6%.
  • Discount store sales YoY remain in decline at -3.4%.
  • The consumer was a key input into last month’s decision to cut rates by the BOK and today’s sales number add to the gloom that the consumer confidence release from earlier in the day highlighted.