Bar Sales Volumes Increased Month-On-Month And Year-On-Year In January
According to the newly-released Retail Sales Index January 2022 (Provisional) December 2021 (Final) report from the Central Statistics Office (CSO), the volume of sales in bars increased month-on-month and year-on-year in January of 2022.
The report, which was published on the CSO's website, states that the volume of sales in bars increased by 3.2% in January of 2022 from December of 2021, and that there was a 499% year-on-year volume increase in bars in the first month of this year.
While the volume of bar sales increased both month-on-month and year-on-year in January of this year, it was 42.3% less than the volume of sales recorded for pre-COVID-19 pandemic January of 2020, according to the CSO.
Food, Beverage & Tobacco (Specialised Stores) Sales
Meanwhile, the volume of food, beverages & tobacco (specialised stores) sales decreased by 10.3% month-on-month in January of 2022, and by 7.9% compared to January of 2021, but increased by 8.7% compared to pre-COVID-19 January of 2020, according to the CSO's data.
© 2022 Hospitality Ireland – your source for the latest industry news. Article by Dave Simpson. Click subscribe to sign up for the Hospitality Ireland print edition.