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Retail Sales Index January 2025 (Provisional) and December 2024 (Final)

Volume of Retail Sales down 0.5% in January 2025

Online ISSN: 2009-5295
CSO statistical release, , 11am

Key Findings

  • In January 2025, the volume of Retail Sales decreased by 0.5% in the month and was down by 0.3% in the 12 months from January 2024.

  • Excluding Motor Trades, the monthly volume of Retail Sales was down by 1.5% in January 2025 and decreased by 0.3% in the year when compared with January 2024.

  • The value of Retail Sales fell by 0.6% in the month and was down by 0.2% in the 12 months to January 2025.

  • The largest monthly volume decreases were recorded in Pharmaceuticals, Medical & Cosmetic Articles (-8.6%), Department Stores (-5.0%), Electrical Goods (-4.4%), Hardware, Paints & Glass (-3.5%), and Bars (-2.7%).

  • Sectors showing monthly volume increases were Furniture & Lighting (+1.0%), Clothing, Footwear & Textiles (+0.4%), Books, Newspapers & Stationery (+0.4%), and Motor Trades (+0.3%).

  • The largest annual volume declines were recorded in Electrical Goods (-8.8%), Books, Newspapers & Stationery (-4.8%), Fuel (-4.6%), Department Stores (-3.5%), and Pharmaceuticals, Medical & Cosmetic Articles (-2.3%).

  • Sectors showing the highest annual volume growth in January 2025 were Furniture & Lighting (+7.0%), Other Retail Sales (+1.3%), and Clothing, Footwear & Textiles (+0.7%).

  • The proportion of Retail Sales transacted online (from Irish registered companies) was 5.6% in January 2025 and 6.1% in December 2024, compared with 5.7% in January 2024.

Statistician's Comment

The Central Statistics Office (CSO) has today (28 February 2025) published Retail Sales Index January 2025 (Provisional) and December 2024 (Final).

Commenting on the release, Tommy Allen, Statistician in the Enterprise Statistics Division, said: "The volume of Retail Sales fell by 0.5% in January 2025 when compared with December 2024 on a seasonally adjusted basis. On an annual basis, retail volumes were 0.3% lower than in January 2024. When Motor Trades are excluded, the volume of Retail Sales fell by 1.5% in the month and decreased by 0.3% in the year when compared with January 2024 (See Headline Table, Tables 1 & 2, and Figure 1).

Monthly Changes

The largest monthly volume decreases were recorded in Pharmaceuticals, Medical & Cosmetic Articles (-8.6%), Department Stores (-5.0%), Electrical Goods (-4.4%), Hardware, Paints & Glass (-3.5%), and Bars (-2.7%).

Sectors showing monthly volume increases were Furniture & Lighting (+1.0%), Clothing, Footwear & Textiles (+0.4%), Books, Newspapers & Stationery (+0.4%), and Motor Trades (+0.3%) (See Table 3 and Background Notes).

Annual Changes

The largest annual volume declines were recorded in Electrical Goods (-8.8%), Books, Newspapers & Stationery (-4.8%), Fuel (-4.6%), Department Stores (-3.5%), and Pharmaceuticals, Medical & Cosmetic Articles (-2.3%).

Sectors showing the highest annual volume growth in January 2025 were Furniture & Lighting (+7.0%), Other Retail Sales (+1.3%), and Clothing, Footwear & Textiles (+0.7%).

Value of Retail Sales

The value of Retail Sales was 0.6% lower in January 2025 than in December 2024 and was down by 0.2% when compared with January 2024. Excluding Motor Trades, the value of Retail Sales fell by 1.3% in the month and was down by 0.6% on an annual basis (See Tables 1 & 2)."

Editor's Note

The January 2025 (Final) period covers the four weeks from 05/01/25 to 01/02/25, while the December 2024 (Final) period covers the five weeks from 01/12/24 to 04/01/25.

Key Figures

The headline table shows the seasonally adjusted value and volume indices for the Retail Sales Index. It also highlights the monthly and annual percentage changes in both value and volume. Value represents turnover or total expenditure whereas volume strips out the impact of price changes to reflect quantity sold.

Seasonally Adjusted Retail Sales Index - All Businesses
 Base Year 2021=100
 Volume IndexValue Index
January 2024113.3123.8
December 2024113.5124.2
January 2025112.9123.5
% change  
Monthly-0.5%-0.6%
Annual-0.3%-0.2%

Seasonally Adjusted Volume Indices for All Businesses and All Businesses excl. Motor Trades

In January 2025, the volume of Retail Sales for All Businesses fell by 0.5% in the month and was down by 0.3% in the year since January 2024. Excluding Motor Trades, the volume of Retail Sales was down by 1.5% in the month, while on an annual basis, retail volumes were 0.3% lower.

Figure 1: Seasonally Adjusted Volume Indices for All Businesses and All Businesses excl. Motor Trades, January 2023 - January 2025
Table 1 Seasonally Adjusted Indices of Total Retail Sales for All Businesses

Table 2 Seasonally Adjusted Indices of Total Retail Sales for All Businesses (Excluding Motor Trades)

Monthly and Annual Seasonally Adjusted Percentage Changes

In January 2025, the largest monthly volume decreases were recorded in Pharmaceuticals, Medical & Cosmetic Articles (-8.6%), Department Stores (-5.0%), Electrical Goods (-4.4%), Hardware, Paints & Glass (-3.5%), and Bars (-2.7%).

Sectors showing monthly volume increases were Furniture & Lighting (+1.0%), Clothing, Footwear & Textiles (+0.4%), Books, Newspapers & Stationery (+0.4%), and Motor Trades (+0.3%).

X-axis labelMonthly percentage change
All Businesses -0.5
Motor Trades0.3
Non-Specialised Stores (incl. Supermarkets) -0.8
Department Stores -5
Food, Beverages & Tobacco-0.5
Fuel-0.4
Pharmaceuticals, Medical & Cosmetic Articles-8.6
Clothing, Footwear & Textiles0.4
Furniture & Lighting1
Hardware, Paints & Glass-3.5
Electrical Goods-4.4
Books, Newspapers & Stationery0.4
Other Retail Sales-1.3
Bars-2.7

In January 2025, the largest annual volume declines were recorded in Electrical Goods (-8.8%), Books, Newspapers & Stationery (-4.8%), Fuel (-4.6%), Department Stores (-3.5%), and Pharmaceuticals, Medical & Cosmetic Articles (-2.3%).

Sectors showing the highest annual volume growth were Furniture & Lighting (+7.0%), Other Retail Sales (+1.3%), and Clothing, Footwear & Textiles (+0.7%).

X-axis labelAnnual percentage change
All Businesses -0.3
Motor Trades-0.5
Non-Specialised Stores (incl. Supermarkets) 0.3
Department Stores -3.5
Food, Beverages & Tobacco-0.5
Fuel-4.6
Pharmaceuticals, Medical & Cosmetic Articles-2.3
Clothing, Footwear & Textiles0.7
Furniture & Lighting7
Hardware, Paints & Glass0.3
Electrical Goods-8.8
Books, Newspapers & Stationery-4.8
Other Retail Sales1.3
Bars-1.4
Table 3 Seasonally Adjusted Indices of Retail Sales for 13 Retail Businesses - Provisional Results January 2025

Final Results and Rolling Three Month Provisional Average

Table 4 relates to final results for December 2024, while Table 5 presents a rolling three-month provisional average.

Table 4 Seasonally Adjusted Indices of Retail Sales for 13 Retail Businesses - Final Results December 2024

Table 5 Seasonally Adjusted Indices of Retail Sales for 13 Retail Businesses - Rolling Three Month Provisional Average

Percentage of Turnover Generated by Online Sales

The proportion of Retail Sales transacted online (from Irish registered companies) was 5.6% in January 2025 and 6.1% in December 2024, compared with 5.7% in January 2024. Excluding Motor Trades, the proportion of Retail Sales transacted online was 7.3% in January 2025 and 8.0% in December 2024, compared with 7.5% in January 2024.

Figure 3: Percentage of Turnover generated by Online Sales for All Businesses and All Businesses excl. Motor Trades, January 2023 - January 2025
Table 6 Percentage of Total Retail Sales Turnover generated by Online Sales

Table 7 Percentage of Turnover generated by Online Sales for 13 Retail Businesses - Provisional Results January 2025

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