Irish Retail Sales Record Slowest Growth In Five Months
Published on Jul 26 2019 3:50 PM
The volume of retail sales in Ireland increased by 1.2% in June when compared to May on a seasonally adjusted basis, according to the latest figures from the Central Statistics Office (CSO).
The report also found that volume sales increased by 0.1% on an annual basis.
This is the slowest growth recorded in the five months.
Excluding Motor Trades, however, the volume of retail sales decreased by 1.1% in June 2019 but rose by 1.7% when compared with June 2018.
There was no change in the value of retail sales in June 2019 when compared with May 2019 and there was an annual decrease of 1.2% when compared with June 2018.
Motor Trades excluded, there was a decrease of 1.3% in the value of retail sales in the month, and a decrease of 0.2% in the annual figure.
Food, Beverages & Tobacco
Food, Beverage, and Tobacco sales experienced flat growth across the board, reporting minor increases in sales, both in value and volume.
For the month, the sector increased the value of sales by 0.3%, with a 0.2% increase in the year.
Volume sales of Food, Beverage, and Tobacco also rose by 0.3%, but recorded a stronger 1.3% increase in value sales last July.
© 2019 Checkout – your source for the latest Irish retail news. Article by Aidan O’Sullivan. Click sign-up to subscribe to Checkout.