Subscribe Login
Retail

January Retail Sales Decrease 0.6% As Car Sales Continue To Slow

By Publications Checkout
January Retail Sales Decrease 0.6% As Car Sales Continue To Slow

Retail sales volumes decreased by 0.6% in the month of January, as the volume of car sales slowed, while annual figures showed an increase of 1.3%, according to the Central Statistics Office.

The first two months of 2018 saw a total of 42,314 new private cars licensed, a 2.9% decrease compared to the same time last year. However, the number of used (imported) private cars licensed increased by 14.5% during that period.

In February 2018 there were 16,501 new private car licenses, a 2.4% drop compared to February 2017, while the number of used (imported) private cars licensed increased by 11.4%.

Excluding Motor Trades

Excluding motor trades, there was an increase of 1.1% in the volume of retail sales in January 2018 when compared with December 2017 while there was an increase of 5.7% in the annual figure.

Excluding motor trades, there was a retail value increase of 0.8% in the month and a 3.2% increase in the annual figure.

Department stores saw the largest monthly volume decrease at 4.2%, followed by motor trades (0.9%).

The sectors other retail and pharmaceuticals, medical & cosmetic articles saw the largest month on month volume increases, at 1.84% and 8.1%, respectively.

Retail sales increased 0.7% in value in January 2018, compared to December 2017, while there was an annual decrease of 0.7% when compared January 2017.

© 2018 - Checkout Magazine by Kevin Duggan

 

Stay Connected With Our Weekly Newsletter

Processing your request...

Thanks! please check your email to confirm your subscription.

Stay connected with our weekly newsletter
Enjoy the most important stories from the world of Irish grocery retail, curated for you by our team of experts every week.
Stay connected with our weekly newsletter
Stay connected with our weekly newsletter
Enjoy the most important stories from the world of Irish grocery retail, curated for you by our team of experts every week.
Stay connected with our weekly newsletter