Numbers published this week by the Central Statistics Office (CSO) showed that the volume of retail sales rose 3.5% in September when compared to a year earlier on a seasonally adjusted basis.
When sales in the motor trade are excluded, the seasonally adjusted volume of retail sales increased by 1.7% when compared with September 2024.
Digging into the data, the CSO shows that the biggest increases for the month were in department stores, up 6.5%, clothing and footwear, up 3.6% and electrical goods, up 2.6%.
There were monthly decreases in food, beverage and tobacco, down 2.6%, fuel, down 1.1%, and supermarkets, down 0.5%.
The retail sales seasonally adjusted volume index for retail sales, excluding motor trades, climbed to 114.8 (see figure 1). The index’s base is 100 for 2021.
This data shows that the amount of stuff purchased by consumers in the Irish economy continues to increase and hit a record level last month. The value of what was purchased increased by 4.6% when compared to a year earlier. Inflation for the year to the end of September stood at 2.7%, which means that consumers increased their total spend on purchases at a faster rate than prices were rising.
Numbers published this week by the Central Statistics Office (CSO) showed that the volume of retail sales rose 3.5% in September when compared to a year earlier on a seasonally adjusted basis.
When sales in the motor trade are excluded, the seasonally adjusted volume of retail sales increased by 1.7% when compared with September 2024.
Digging into the data, the CSO shows that the biggest increases for the month were in department stores, up 6.5%, clothing and footwear, up 3.6% and electrical goods, up 2.6%.
There were monthly decreases in food, beverage and tobacco, down 2.6%, fuel, down 1.1%, and supermarkets, down 0.5%.
The retail sales seasonally adjusted volume index for retail sales, excluding motor trades, climbed to 114.8 (see figure 1). The index’s base is 100 for 2021.
This data shows that the amount of stuff purchased by consumers in the Irish economy continues to increase and hit a record level last month. The value of what was purchased increased by 4.6% when compared to a year earlier. Inflation for the year to the end of September stood at 2.7%, which means that consumers increased their total spend on purchases at a faster rate than prices were rising.
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