Archived article
Please note that tax, investment, pension and ISA rules can change and the information and any views contained in this article may now be inaccurate.
Irish retail sales climbed at a slower pace in January than in December, data from the Central Statistics Office showed Wednesday.
The volume of retail sales grew 0.5% monthly in January, decelerating from 0.9% in December.
On an annual basis, the increase slowed to 2.7% in January from 3.9% in December.
The CSO noted that, excluding motor trades, the volume of retail sales shrank by 0.1% monthly in January, swung from growth of 0.3% in December. Annually, retail sales without motor trades was up 0.4%, slowed from 1.8% in December.
The highest monthly volume increases were in clothing, footwear & textiles, up 38%, a much sharper growth than 2.1% in December.
Meanwhile, the largest annual volume growth was in electrical goods, up 6.1%, picking up speed from 4.4% in December.
The largest monthly decrease was in bars, down 11%, swung from growth of 1.3% in December.
The largest annual volume decrease was in department stores falling 10%, accelerating from a decline of 8.2% in December.
Copyright 2024 Alliance News Ltd. All Rights Reserved.