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Irish Annual Retail Sales Growth Slows To Five-Month Low

Published on Jul 26 2019 1:40 PM in Retail tagged: Trending Posts / Ireland / CSO Statistics / Annual Retail Sales

Irish Annual Retail Sales Growth Slows To Five-Month Low

Irish annual retail sales growth slowed to a five-month low in June, growing by just 0.1%, data from the central statistics office showed on Friday.

When volatile car sales are excluded, retail sales posted annual growth of 1.7%, the lowest rate since November last year and down from annual growth of 7.8% in March.

Monthly Performance

In June, the volume of retail sales increased 1.2% when compared to May on a seasonally adjusted basis.

The volume of retail sales decreased by 1.1% in the period, excluding when motors trade sales.

The sectors that saw the steepest decline in monthly volumes include clothing, footwear and textiles (-2.9%) and books, newspapers and stationery (-2.3%).

News by Reuters, additional reporting by Dayeeta Das. Click subscribe to sign up to ESM: European Supermarket Magazine.

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