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Monthly retail sales dip by 0.1% in October – CSO

By November 29, 2024No Comments

New Central Statistics Office figures published today show that retail sales fell by 0.1% on a monthly basis in October to stand 0.9% higher than a year earlier.

The CSO said that excluding car sales, the monthly volume of retail sales was down by 0.2% in October and rose by 0.9% in the year when compared with the same time last year.

Today’s CSO figures show that the value of retail sales fell by 0.1% in the month and rose by 0.1% in the year to October.

On a monthly basis, the sectors with the biggest volume decreases were electrical goods, with sales down 1.4%, while furniture and lighting sales fell by 1.1%, motor trades slowed by 0.9% and sales in Department Stores eased by 0.8%.

The largest monthly volume increases were recorded in books, newspapers and stationery, which rose by 5.2%, while other retail sales were up 2.2% and fuel sales were 1.9% higher.

On an annual basis, the CSO said the sectors recording the highest volume growth last month were books, newspapers and stationery, with sales jumping by 17.1%, while clothing, footwear and textiles sales rose by 11%, other retail sales were up 7.2% and Department Stores sales increased by 5.5%.

Annual declines were recorded in bars, which fell by 7.4%, while sales of electrical goods decreased by 5%, non-specialised stores (including supermarkets) were down 3.2% and car sales slowed by 0.8%.

The CSO also noted that the proportion of retail sales that were transacted online from Irish registered companies was 4.8% in October, down from 5.1% in September 2024 and 5.1% in October last year.

Article Source – Monthly retail sales dip by 0.1% in October – CSO – RTE

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