On-trade

July bar sales up 57% on 2021

July's bar sales volumes showed growth of 57% over the same month in 2021 while values were up 66% according to the latest seasonally-adjusted provisional Central Statistics Office figures for the month.

 

Bars were one of only four sectors to show an increase in sales volumes in July.

Bars were one of only four sectors to show an increase in sales volumes in July.

However the CSO has advised that caution should be exercised when interpreting the increase in Bar sales as the comparison is with a low base from a year ago when some restrictions still applied.

Bars were one of only four sectors (along with Clothing & Footwear, Department Stores and Furniture & Lighting) to show an increase in sales volumes for the month.

Compared to the previous month, June, bar sales volumes were up 23% – the largest monthly volume increase of any sector between June and July – while values rose 23.5%.

And comparing the July figures with those of February 2020, prior to the pandemic striking, this July’s bar sales volumes were still down 8.4% in comparison although bar sales values remained level.

Final CSO figures for June reveal bar sales volumes up 50% on those of June 2021 while values were up 58.5%. June’s bar sales volumes were up by just 5.7% on those of the preceding month, May, while monthly Bar sales values showed an increase of 6.4%.

Across a three-month period May to July, bar sales volumes were up by 103% on the same three month period in 2021 while values saw an increase of 114%. Comparing the three-month period May to July with the immediately preceding three-month period February to April this year, bar sales volumes were up 12% while values rose 14%.

The volume of Retail Sales generally was down 1.6% in July.

 


Sign Up for Drinks Industry Ireland

Get a free weekly update on Drinks Industry trade news, direct to your inbox. Sign up now, it's free