Marketing

Volume of retail sales down 0.8% in July 2023

Proportion of retail sales transacted online was 4.7% in July compared with 5.8% in June
As more people returned to the office and hybrid working - and as hospitality has opened up - off-license sales fell 19%.

Value of retail sales fell by 0.3% in the month and rose by 8.6% in the 12 months from July 2022

In July 2023, the volume of Retail Sales decreased by 0.8% in the month and increased by 5.9% in the 12 months from July 2022, the Central Statistics Office (CSO) has said.

According to the CSO’s Retail Sales Index July 2023 (Provisional) and June 2023 (Final) report, the largest monthly volume decreases were in bars (-5.5%), food, beverages & tobacco (specialised stores) (-4.3%), non-specialised stores (incl. supermarkets) (-3.5%), hardware, paints & glass (-3.5%), and books, newspapers & stationery (-3.3%).

The largest annual volume declines in July 2023 were in department stores (-11.7%), food, beverages & tobacco (specialised stores) (-8.7%), electrical goods (-4.5%), and bars (-2.7%).

The value of retail sales fell by 0.3% in the month and rose by 8.6% in the 12 months from July 2022.

The proportion of retail sales transacted online (from Irish registered companies) was 4.7% in July 2023 compared with 5.8% in June 2023, and 4.8% in July 2022.


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