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Financial News: Ireland Retail Sales Fall Further In March

Ireland Retail Sales Fall Further In March

04/27/2018 - 07:51:00 (RTTNews)

(RTTNews) - Ireland's retail sales declined for the fourth successive month in March, preliminary figures from the Central Statistics Office showed Friday.

The volume of retail sales dropped 2.2 percent month-over-month in March, faster than the 0.5 percent fall in February.

The sectors with the largest monthly volume decreases were hardware, paints& glass and furniture & lighting.

Excluding motor trades, the volume of retail sales registered a decline of 1.4 percent.

On a yearly basis, retail sales fell 2.8 percent in March, reversing a 1.6 percent rise in the previous month. It was the first decrease in eleven months.

The value of retail sales slid 4.1 percent annually and by 3.4 percent monthly in March.

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