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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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