S.Korea's retail sale posts double-digit growth in July

2021-08-26 13:44

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SEOUL, Aug. 26 (Xinhua) -- South Korea's retail sales posted double-digit growth last month owing to strong online demand amid the COVID-19 resurgence, a government report showed Thursday.

The combined revenue by online and offline retailers went up 13.1 percent in July from a year earlier, according to the Ministry of Trade, Industry and Energy. The double-digit increase continued for the sixth consecutive month.

Revenue by offline retailers gained 7.0 percent, with the reading for online retailers jumping 20.2 percent last month.

The COVID-19 pandemic resurged here in early July, and online demand increased for food and beverage as people preferred to cook at home.

The summer heatwave also raised the demand for home appliances such as air conditioner.

Revenue by discount outlets, department stores and convenience stores rose 7.3 percent, 7.8 percent, and 7.0 percent each.

Retail sales in cyberspace kept a double-digit growth on solid demand for food delivery services.
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