FX.co ★ South Korea Retail Sales Edge Back to Growth in May After April Slump

South Korea’s retail sector showed a tentative return to growth in May 2026, with sales inching up 0.1% month-over-month, according to data updated on 29 June 2026. The modest increase follows a sharp 3.5% decline in April, signaling a partial stabilization in consumer spending.

The turnaround, while marginal, suggests that the steep contraction seen in April did not extend into a prolonged downturn. On a month-over-month basis, May’s 0.1% rise reflects a comparison with April’s levels, whereas the previous reading of -3.5% captured the change from March to April.

Market participants will be watching upcoming releases closely to determine whether May’s slight improvement marks the start of a sustained recovery in retail activity or merely a temporary pause after April’s pronounced drop.