Tuesday 26 September 2017

Shoppers back in stores in May but yearly sales fall

Independent.ie reporters

More consumers were trickling back into the shops in May with a monthly increase of 1.3pc in retail sales but volumes were boosted by car sales.

When car sales are excluded, volumes were down 0.6pc compared with April.

Motor sales have been boosting the figures since the introduction of the car scrappage scheme.

But more car buyers rushed to the shops in May to take advantage of the programme before it ends tomorrow.

Year-on-year retail sales volumes were off 2.1pc compared with last year and stripping out car sales, the fall was over 5pc.

The only categories that showed growth were motor trades and electrical goods, up 13pc and 2.9pc.

The value of retail sales fell by 1.5pc in May compared with the same period last year but this figure was also boosted by car sales.

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