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South Korea Retail Sales Sink 1.8% In November
(RTTNews) - The value of retail sales in South Korea was down a seasonally adjusted 1.8 percent on month in November, Statistics Korea said on Thursday.
That missed expectations for a decline of 1.0 percent following the 0.2 percent contraction in October.
On a yearly basis, retail sales were down 2.2 percent - again missing forecasts for a decline of 1.5 percent following the 0.7 percent drop in the previous month.
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