Irish Retail Sales Volume Decreases By 35.4% In April 2020: CSO
The volume of retail sales decreased by 35.4% in April 2020, when compared to March 2020 on a seasonally adjusted basis.
This is the largest monthly decrease since January 2009, when retail sales fell by 16.8%, according to the latest figures from the Central Statistics Office (CSO).
The data showed that on an annual basis, sales volume decreased by 43.3% in April.
2020 Vs 2019
When Motor Trades are excluded, the volume of retail sales decreased by 23.7% in April 2020 over the previous month and decreased by 24.8% when compared with April 2019.
The only sectors to show a volume increase between March and April 2020 were Food, Beverages & Tobacco in specialised stores (excluding supermarkets) which showed a 1.8% increase and and non-specialised stores (including supermarkets) was up by 1.6%, during the period.
All other retail sectors showed significant decreases in volume compared to March 2020, the figures indicated.
© 2020 Checkout – your source for the latest Irish retail news. Article by Donna Ahern. Click sign-up to subscribe to Checkout.