Bar trade and department stores see drop in trade volume

28 Aug 2023 ireland Print

Bar trade and department stores see drop in trade

The volume of retail sales in July decreased by 0.8% in the month and increased by 5.9% in the 12 months from July 2022, CSO figures show. 

When motor trades are excluded, the volume of retail sales fell by 4.0% in the month and rose by just 0.3% in the year when compared with July 2022.

The largest monthly volume decreases were in:

  • Bars (-5.5%),
  • Food, beverages and tobacco (specialised stores) (-4.3%),
  • Non-specialised stores (including supermarkets) (-3.5%),
  • Hardware, paints and glass (-3.5%), and
  • Books, newspapers and stationery (-3.3%).

Declines

Monthly volume increases were recorded in other retail sales (+1.1%) including:

  • Furniture and lighting (+0.6%),
  • Electrical goods (+0.5%), and
  • Fuel (+0.4%).

The largest annual volume declines in July 2023 were in department stores (-11.7%), food, beverages and tobacco (-8.7%), electrical goods (-4.5%), and bars (-2.7%).

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