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Date Published: Fri, 03 Mar 2017

Press Statement

Retail Sales Index

 

  • Retail Sales Index rebase using updated Product Profile, trading day weights and base weights 
  • Sales in petrol decrease to 39% in 2010 from 57% in 2005
  • Sales in diesel increase to 37% in 2010 from 22% in 2005

 

The Central Statistics Office (CSO) has today released a new Retail Sales Index (RSI) series rebased to 2010 along with the RSI results for January 2017. The new series has been calculated using updated weights from the 2011 Product and Trading survey and the Annual Services Inquiry 2010.

Commenting on the new rebased RSI, Stephanie Kelleher, Statistician, CSO said: “A significant change is the increase in the proportion of diesel being sold with a corresponding decrease in the proportion of petrol. In 2010 Petrol is still the main product sold in the Fuel Retail sector but the proportion is 39% while in 2005 it was 57%. The proportion of Diesel increased from 22% in 2005 to being 37% in 2010”.

In relation to trade, turnover in all sectors was less in 2010 than in 2005. Furniture has doubled its proportion of All Business from 2% in 2005 to 4% in 2010. Pharmaceutical, Medical and Cosmetic Articles has almost doubled its proportion increasing from 4% in 2005 to 7% in 2010. The retail sectors moving in the opposite direction are Bars and Department Stores both who halved their proportion. Bars were 9% of All Business in 2005 but their proportion has decreased to 5% in 2010. In the 2005 Base Year, Department Stores were 5% of the All Business sector and in 2010 are 2%.”

For further information in relation to the RSI rebase see Retail Sales Index January 2017.

 

For further information, contact:

Stephanie Kelleher (+353) 21 453 5123

Alan Finlay (+353) 21 453 5211

or email sts_rap@cso.ie