Annual Irish retail sales up 8.6% on surge in car sales

Kitco Media
By Reuters
Published:
Updated:
Reuters
DUBLIN, April 28 (Reuters) - Annual Irish retail sales volumes rose at the fastest pace in over a year last month, jumping 8.6% on a surge in car sales, Central Statistics Office data showed on Friday. When a 30.7% year-on-year increase in motor trades was excluded, retail sales rose by 0.3% month-on-month compared with a headline monthly increase of 2% and were just 0.6% higher than March 2022. With inflation running at around 7% last month, the value of retail sales were 1.8% higher in March than in February and 14.9% higher year-on-year. (Reporting by Padraic Halpin; Editing by Andrew Heavens)

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