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News : Irish Economy Last Updated: Aug 23, 2010 - 8:24:15 PM


Irish retail sales fell 0.2% in June
By Finfacts Team
Jul 30, 2010 - 6:01:13 PM

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Source: CSO

The volume of Irish retail sales (i.e. excluding price effects) increased by 1.0% in June 2010 when compared with June 2009 and there was a monthly decrease of 0.2%. If Motor Trades are excluded the volume of retail sales decreased by 1.3% in June 2010 when compared with June 2009 and the monthly change was -0.5%.

The Central Statistics office said a number of sectors showed year on year increases in June 2010, with the most significant being: 1) Motor Trades up 13.9% 2)  Non Specialised stores up 1.4% 3) Clothing, Footwear and Textiles up 2.6%.

The value of retail sales decreased by 2.8% in June 2010 when compared with June 2009 and there was a month-on-month change of -0.7%. However, if Motor Trades are excluded, there was an annual decrease of 4.8% in the value of retail sales and the month-on-month change was -1.1%. Provisional estimates are now available for the second quarter of 2010. These figures show the volume of retail sales increased 3.3% year on year in the second quarter of 2010 and there was a quarterly increase of 6.9%.

If Motor Trades are excluded the volume of retail sales decreased by 0.2% year-on-year in the second quarter of 2010 and there was a quarterly increase of 1.1%.

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