Tuesday, 17 July 2007

South Korea's Department Store Sales Increase 4.4 Percent on Summer Demand

(Bloomberg) -- South Korea's department store sales
increased at the fastest pace in four months in June, adding to
signs growth in Asia's third-largest economy may accelerate.

Sales at the nation's three biggest department store chains,
including Lotte Shopping Co., climbed 4.4 percent from a year
earlier, after falling 0.1 percent in May, the Commerce Ministry
said today in a report released in Gwacheon, South Korea.


Read more at Bloomberg Emerging Markets News

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