New CSO figures reveal retail modest increase in retail sales in July
NEW figures released by the Central Statistics Office (CSO) this morning have revealed modest growth in retail sales in July, of 1.3pc.
The increase jumps to 6.1pc if motor sales are included in the figures – the new car registration system saw a jump in car sales in July as the ‘132’ registration came in.
The sectors with the largest month on month volume increases were Motor Trades (+37.4pc), Books, Newspapers and Stationery (+16.2pc), Clothing, Footwear & Textiles (+5.3pc) and Bars (+2.8pc).
The sectors with the largest monthly decreases were Electrical Goods (-4.9pc) and Fuel (-4.2pc). The latter decrease could probably be attributed to the heatwave.
There was an increase of 6.1pc in the value of retail sales in July 2013 when compared with June 2013 and there was an annual increase of 4.4pc when compared with July 2012.
If car sales are excluded, there was a monthly increase of 2.3pc in the value of retail sales and an annual increase of 1.5pc.
New figures also show an annual increase in employment of 1.8pc or 33,800 in the year to the second quarter of 2013, bringing total employment to 1,869,900.
On a seasonally adjusted basis, employment increased by 9,600 (+0.5pc) in the quarter.