Ireland Retail Sales Rebound At Record Pace

0 8

Ireland’s retail sales rose at a record pace in May, after substantial falls in the previous two months due to the coronavirus, or Covid-19, pandemic, figures from the Central Statistics Office showed on Monday.

Retail sales increased a seasonally adjusted 29.5 percent month-on-month in May, after a 35.8 percent fall in the previous month. Sales rose for the first time in five months.

Retail sales decreased 26.6 percent year-over-year in May, following a 43.7 percent fall in April. Sales fell for a third consecutive month.

Excluding automobile trade, the volume of retail sales increased by 9.3 percent monthly and decreased by 16.2 percent year-on-year in May.

Automobile trade jumped 153 percent from the previous month.

The retail sales value fell 29.1 percent yearly in May and rose 28.4 percent from the previous month.


Leave A Reply

Your email address will not be published.