Wednesday 26 April 2017

Huge surge in electrical goods sales help to boost retail figures

Retail sales in Ireland have rebounded, despite fears about Brexit. Photo: REUTERS
Retail sales in Ireland have rebounded, despite fears about Brexit. Photo: REUTERS

Sean Duffy

Retail sales in Ireland have rebounded, despite fears about Brexit.

New figures from the Central Statistics Office (CSO) found that sales increased by 0.9pc in November compared to the previous month.

In fact, if car sales are excluded from the figures, the monthly rise came in at 3.1pc, representing an extremely strong performance given previous fears about the effect Brexit might have on Irish shoppers.

The figures were also impressive from an annual perspective, jumping by 4.3pc compared to the same period in 2015.

November saw a huge surge in the purchase of electrical goods, which rose by 17pc compared to the month before.

That may be in part down to the growing phenomena of Black Friday and Cyber Monday which are proving increasingly popular with consumers.

However, an annual rise of 13.8pc shows that electrical retailers are performing strongly.

Irish Independent

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