Cyber Monday Deal: Up to 60% off InvestingProCLAIM SALE

Irish retail recovery steps up as sales rise 9.3 percent year on year

Published 06/01/2016, 11:26
Updated 06/01/2016, 11:30
© Reuters.  Irish retail recovery steps up as sales rise 9.3 percent year on year

DUBLIN (Reuters) - Irish retail sales rose 9.3 percent year-on-year in November as an economic recovery gathered pace, with a large jump in electrical goods and department store sales pushing monthly sales volumes 2.2 percent higher.

The growing popularity of "Black Friday" in Ireland helped a 13.6 percent monthly and 22.2 percent yearly rise in electrical goods sales. Department store sales were up by around half that amount and both also recorded large rises in the value of sales.

Excluding car sales, which midway through last year were already ahead of the whole of 2014, volumes were up 2.8 percent month-on-month and 8.9 percent year-on-year, the provisional figures from the Central Statistics Office showed on Wednesday.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.