In June 2024, the volume of Retail Sales decreased by 1.4% in the month and was down by 1.8% in the 12 months from June 2023.
Excluding Motor Trades, the monthly volume of Retail Sales was down by 0.4% in June 2024 and fell by 2.0% in the year when compared with June 2023.
The value of Retail Sales fell by 1.4% in the month and rose by 0.2% in the 12 months to June 2024.
The largest monthly volume decreases were recorded in Clothing, Footwear & Textiles (-9.7%), Books, Newspapers & Stationery (-5.5%), and Bars (-3.5%).
Three sectors showed monthly volume increases: Hardware, Paints & Glass (+5.3%), Electrical Goods (+2.0%), and Furniture & Lighting (+0.4%).
The largest annual volume declines in June 2024 were in Clothing, Footwear & Textiles (-6.0%), Department Stores (-3.6%), Non-Specialised Stores (incl. Supermarkets) (-3.5%), and Furniture & Lighting (-2.4%).
Sectors showing annual volume growth in June 2024 were Electrical Goods (+12.9%), Hardware, Paints & Glass (+2.1%), and Fuel (+0.3%).
The proportion of Retail Sales transacted online (from Irish registered companies) was 4.9% in June 2024 compared with 4.8% in May 2024 and 5.8% in June 2023.
The June 2024 (Provisional) period covers the five weeks from 02/06/24 to 06/07/24, while the May 2024 (Final) period covers the four weeks from 05/05/24 to 01/06/24.
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 2015 = 100 | ||
| Volume Index | Value Index | |
| June 2023 | 132.7 | 138.2 |
| May 2024 | 132.2 | 140.3 |
| June 2024 | 130.4 | 138.4 |
| % change | ||
| Monthly | -1.4% | -1.4% |
| Annual | -1.8% | 0.2% |
In June 2024, the volume of Retail Sales for All Businesses fell by 1.4% in the month and was down by 1.8% in the year since June 2023. Excluding Motor Trades, the volume of Retail Sales was down by 0.4% in the month, while on an annual basis, retail volumes were 2.0% lower.
In June 2024, the largest monthly volume decreases were recorded in Clothing, Footwear & Textiles (-9.7%), Books, Newspapers & Stationery (-5.5%), and Bars (-3.5%). Three sectors showed monthly volume increases: Hardware, Paints & Glass (+5.3%), Electrical Goods (+2.0%), and Furniture & Lighting (+0.4%).
| X-axis label | Monthly percentage change |
|---|---|
| All Businesses | -1.4 |
| Motor Trades | 0 |
| Non-Specialised Stores (incl. Supermarkets) | -0.8 |
| Department Stores | -1.1 |
| Food, Beverages & Tobacco | -1.4 |
| Fuel | -0.5 |
| Pharmaceuticals, Medical & Cosmetic Articles | -1.4 |
| Clothing, Footwear & Textiles | -9.7 |
| Furniture & Lighting | 0.4 |
| Hardware, Paints & Glass | 5.3 |
| Electrical Goods | 2 |
| Books, Newspapers & Stationery | -5.5 |
| Other Retail Sales | -0.7 |
| Bars | -3.5 |
The largest annual volume declines in June 2024 were in Clothing, Footwear & Textiles (-6.0%), Department Stores (-3.6%), Non-Specialised Stores (incl. Supermarkets) (-3.5%), and Furniture & Lighting (-2.4%). Sectors showing annual volume growth in June 2024 were Electrical Goods (+12.9%), Hardware, Paints & Glass (+2.1%), and Fuel (+0.3%).
| X-axis label | Annual percentage change |
|---|---|
| All Businesses | -1.8 |
| Motor Trades | -1.3 |
| Non-Specialised Stores (incl. Supermarkets) | -3.5 |
| Department Stores | -3.6 |
| Food, Beverages & Tobacco | -1.9 |
| Fuel | 0.3 |
| Pharmaceuticals, Medical & Cosmetic Articles | -0.8 |
| Clothing, Footwear & Textiles | -6 |
| Furniture & Lighting | -2.4 |
| Hardware, Paints & Glass | 2.1 |
| Electrical Goods | 12.9 |
| Books, Newspapers & Stationery | -2.2 |
| Other Retail Sales | -2 |
| Bars | -2.2 |
Table 4 relates to final results for May 2024, while Table 5 presents a rolling three-month provisional average.
The proportion of Retail Sales transacted online (from Irish registered companies) was 4.9% in June 2024 and 4.8% in May 2024, compared with 5.8% in June 2023. Excluding Motor Trades, the proportion of Retail Sales transacted online was 6.3% in both June 2024 and May 2024, compared with 7.6% in June 2023.
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Statistician's Comment
The Central Statistics Office (CSO) has today (30 July 2024) released Retail Sales Index June 2024 (Provisional) and May 2024 (Final).
Commenting on the release, Tommy Allen, Statistician in the Enterprise Statistics Division, said: "The volume of Retail Sales fell by 1.4% in June 2024 when compared with May 2024 on a seasonally adjusted basis. On an annual basis, retail volumes were 1.8% lower than in June 2023. When Motor Trades are excluded, the volume of Retail Sales decreased by 0.4% in the month and fell by 2.0% in the year when compared with June 2023 (See Headline Table, Tables 1 & 2, and Figure 1).
Monthly Changes
The largest monthly volume decreases were recorded in Clothing, Footwear & Textiles (-9.7%), Books, Newspapers & Stationery (-5.5%), and Bars (-3.5%).
Three sectors showed monthly volume increases: Hardware, Paints & Glass (+5.3%), Electrical Goods (+2.0%), and Furniture & Lighting (+0.4%) (See Table 3 and Background Notes).
Annual Changes
The largest annual volume declines in June 2024 were in Clothing, Footwear & Textiles (-6.0%), Department Stores (-3.6%), Non-Specialised Stores (incl. Supermarkets) (-3.5%), and Furniture & Lighting (-2.4%).
Sectors showing annual volume growth in June 2024 were Electrical Goods (+12.9%), Hardware, Paints & Glass (+2.1%), and Fuel (+0.3%) (See Table 3).
Value of Retail Sales
The value of Retail Sales was 1.4% lower in June 2024 than in May 2024 and was up by 0.2% when compared with June 2023. Excluding Motor Trades, the value of Retail Sales fell by 1.8% in the month and decreased by 0.7% on an annual basis (See Tables 1 & 2)."