Bars drop 16.2% in annual retail sales – CSO
The value of Retail Sales rose by 0.4% in the month and increased by 1.5% on an annual basis (excluding motor trades)
The Central Statistics Office (CSO) has released the Retail Sales Index July 2024 (Provisional) and June 2024 (Final).
Monthly changes
Sectors showing the highest monthly volume decreases were Bars (-13.5%), Books, Newspapers & Stationery (-5.1%), and Electrical Goods (-2.4%).
The largest monthly volume increases were recorded in Clothing, Footwear & Textiles (+4.8%), Pharmaceuticals, Medical & Cosmetic Articles (+2.2%), Furniture & Lighting (+2.1%), and Motor Trades (+2.0%).
Annual changes
Sectors showing the highest annual volume declines in July 2024 were Bars (-16.2%), Books, Newspapers & Stationery (-4.4%), Electrical Goods (-3.3%), and Fuel (-2.4).
The largest annual volume growth in July 2024 was in Hardware, Paints & Glass (+11.1%), Department Stores (+3.0%), and Other Retail Sales (+1.8%).
Value of retail sales
The value of Retail Sales was 0.2% higher in July 2024 than in June 2024 and was up by 1.2% when compared with July 2023. Excluding Motor Trades, the value of Retail Sales rose by 0.4% in the month and increased by 1.5% on an annual basis”
Stephanie Kelleher, statistician, Enterprise Statistics Division, said: “The volume of Retail Sales rose by 0.1% in July 2024 when compared with June 2024 on a seasonally adjusted basis.
“On an annual basis, retail volumes were 0.4% higher than in July 2023. When Motor Trades are excluded, the volume of Retail Sales increased by 0.2% in the month and rose by 0.2% in the year when compared with July 2023.”
