July 14 (Bloomberg) -- Sales at major South Korean department stores expanded in June at the slowest pace in four months, a sign that consumer demand may be moderating.
Outlays at the three biggest chains increased 8.2 percent from a year earlier in June, after rising 8.7 percent in May, the Ministry of Knowledge Economy said in a statement today.
Discount-store sales rose 2.7 percent from a year earlier after a 2.4 percent gain in May, today’s report said.
--Editors: Ken McCallum, Stephanie Phang
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