Retail Ireland February Monitor
December saw a modest growth in retail sales over the previous year. Excluding motor trade and bars, sales volumes were up by 1.6% while the value of sales have risen by 1.2%. While consumer sentiment improved steadily throughout the year, we’re still significantly below historical averages. Cost of living concerns continue to weigh on consumers, while employment cost concerns remain the key challenge for business. The new Programme for Government contains a range of proposals to address these issues, but delivery is what counts.
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