S.Korean Department Store Sales Rise Further In July

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South Korea's department store sales climbed 4% year-on-year in July, after a 3.6% increase in June, the Ministry of Knowledge Economy said in a report Tuesday. This is the fifth consecutive month of growth in sales.

At the same time, sales from major discount stores dropped 6% on a yearly basis in July, sharper than a 1.4% fall in June.

(Market News Provided by RTTNews)