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July retail sales fall despite boost in bar sales
Henry Street, Dublin 1 Pic: RollingNews.ie

27 Aug 2021 / ireland Print

July retail sales fall despite boost in bar sales

Official figures show that the volume of retail sales fell in July, for the first time since January, despite a jump in spending in bars as indoor hospitality reopened.

The Central Statistics Office (CSO) said that the volume of sales dropped by 1.7% from June. July sales were still 5.2% higher than in the same month last year.

The volume of bar sales rose by 18.6% in July, while electrical goods sales were up almost 6%.

Sales fell in a number of other key areas, however, with department stores showing a 17% drop, and the furniture-and-lighting category down almost 9%.

Sales higher than pre-COVID

The CSO said that this year’s July figures were 14% higher than those for July 2019, before the impact of COVID-19 restrictions. Most sectors showed increases – the biggest coming in the motor, food and electrical-goods categories.

Sales in four areas were lower, however, compared with two years earlier. Bar sales were down almost 40%, while sales of books, newspapers and stationery dropped by more than 30%. Fuel sales and sales in department stores were also lower than in July 2019.

Meanwhile, separate figures from the Central Bank show that spending in August so far is 14% higher compared with the same period last year. The bank’s numbers – which measure activity on credit and debit cards – cover the period to 23 August.

Spending in the week to 22 August was marginally lower than in the previous week, though there was an increase in spending in restaurants.

Gazette Desk
Gazette.ie is the daily legal news site of the Law Society of Ireland