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Retail

Volume Of Retail Sales Grows 3.6% In April 2016

The volume of retail sales in April, excluding motor sales, saw an increase 3.6% year-on-year, while growing by 0.6% when compared with March.

Value sales during the period, again excluding motor sales, grew at a slightly slower pace, rising by just 1.3% when compared with the previous year.

When motor sales are included, the annual increase in volume sales rises to 5.1%, with the growth in value sales coming out as 2.5%.

While food businesses saw volume sales grow by only 0.4% compared with March, they also experienced annual volume sales growth of 2.9%.

The segments with the largest month-on-month volume increases were Electrical Goods (+8.0%), Department Stores (+3.0%) and Furniture & Lighting (+1.7%).

Significant monthly decreases were seen in Books, Newspapers & Stationery (-6.7%), Hardware, Paints & Glass (-3.5%) and Clothing, Footwear & Textiles (-2.3%).

However, each of these experienced greater sales volumes when compared with the results of April 2015.

© 2016 - Checkout Magazine by Jenny Whelan.

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