November Retail Sales Volume Rises 4.3 Percent
The volume of retail sales for November was up 4.3 percent when compared with the previous year, and up 0.9 percent compared with October 2016, figures released by the Central Statistics Office on Thursday reveal. These figures exclude price effects.
If Motor Trades are excluded, there was an increase of 3.1% in the volume of retail sales in November 2016 when compared with October 2016 and there was an increase of 4.9% in the annual figure.
The sectors with the largest monthly increases were Electrical goods (17%) and Pharmaceuticals Medical & Cosmetic Articles (7.9%). The sectors with the largest month on month volume decreases were Motor Trades (-1.0%) and Bars (-0.9%).
There was an increase of 0.6% in the value of retail sales in November 2016 when compared with October 2016 and there was an annual increase of 2.1% when compared with November 2015. If Motor Trades are excluded, there was an increase of 1.8% in the value of retail sales and an annual increase of 2.2%.
