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Retail sales up as people head for the pub - CSO

PEOPLE spent more in pubs in August giving a slight boost to retail sales.

The volume of retail sales increased by 0.4pc in the month driven by higher bar and hardware sales.



And while the volume of sales is still 0.6pc lower than it was a year ago, this annual rate of decline is the lowest it's been all year.



Not every sector enjoyed higher sales however as people bought less furniture, clothes and fuel, the Central Statistics Office figures show.



Irish retail sales are now growing faster than the average across Europe where they've gone into a slight decline, the figures show.



Electrical goods have enjoyed the fastest growth over the last year, with the sector up 13pc this summer compared to a year earlier.



However, the car industry saw a 13pc drop in sales.



Full figures from CSO (PDF):

http://www.cso.ie/en/media/csoie/releasespublications/documents/latestheadlinefigures/rsi_aug2012.pdf