New figures from the Central Statistics Office show that the volume of retail sales fell by 1% in August when compared with July, while they rose by 3.9% on an annual basis.<\/p>\n
The CSO said the monthly decline was mainly driven by a drop in car sales, which slowed by 3.6% after their seasonal mid-year peak in July.<\/p>\n
However the sector significantly surpassed the previous year’s performance in August with a 9.8% annual volume increase, the CSO added.<\/p>\n
Today’s figures also show that sales in Department Stores fell by 4.3% from July, while sales of furniture and lighting were down 3.4%.<\/p>\n
The CSO said monthly volume increases were recorded in Other Retail Sales – including sales of carpets, games and toys, flowers, plants, jewellery and pet food – which rose by 1.1%, while sales of pharmaceuticals, medical and cosmetic articles inched 0.3% higher, and sales of hardware, paints and glass saw a similar increase.<\/p>\n
On an annual basis, today’s figures reveal that the highest annual volume growth was recorded in Motor Trades, which jumped by 9.8%, while sales of hardware, paints and glass were up 7.8% and Other Retail Sales increased by 6.6%.<\/p>\n
The sectors with the biggest annual volume declines were Department Stores, which sank by 8.7%, while sales of food, beverages and tobacco in specialised stores were down 3.3% and sales of clothing, footwear and textiles dropped by 3.1%.<\/p>\n
The value of retail sales was 0.3% lower in August than in July and was up by 4.9% when compared with August of last year.<\/p>\n
Today’s figures also show that the proportion of retail sales transacted online – from Irish registered companies – was 5.2% in both August and July, compared with 4.7% in August last year.<\/p>\n","protected":false},"excerpt":{"rendered":"New figures from the Central Statistics Office show that the volume of retail sales fell by 1% in…\n","protected":false},"author":2,"featured_media":50766,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[72,113,61,60],"class_list":["post-50765","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-business","tag-economy","tag-ie","tag-ireland"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/50765","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/comments?post=50765"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/50765\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media\/50766"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media?parent=50765"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/categories?post=50765"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/tags?post=50765"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}