According to the Retail Sales Index April 2023 (Provisional) and March 2023 (Final) report from the Central Statistics Office (CSO), the volume of sales in Irish bars increased, year on year, in April 2023.
The report, which was published on CSO.ie, states that there was a 1.9% annual increase in the volume of sales in bars in April 2023, and a 14.0% monthly increase.
Food, Beverage And Tobacco (Specialised Stores) Sales
Meanwhile, there was a 7.8% annual decrease in the volume of food, beverage and tobacco (specialised stores) sales in April 2023, and a 0.9% monthly decrease in the volume of food, beverage and tobacco (specialised stores) sales in the fourth month of this year, according to the CSO’s data.
Statement By Statistician
The report published on CSO.ie quoted a statistician in the business statistics division, Stephanie Kelleher, as saying, “Retail sales rose by 2.8% in April 2023, when compared with March 2023 on a seasonally adjusted basis. On an annual basis, retail volumes were 7.5% higher than in April 2022. When motor trades are excluded, retail sales rose by just 0.5% in the month and fell by 0.4% in the year, when compared with April 2022.
“In April 2023, the largest monthly volume increases were recorded in bars – 14.0% –motor trades –10.3% – and clothing, footwear & textiles – 9.5%.
“The highest monthly volume decreases were in other retail sales – -21.1% – furniture & lighting – -4.7% – and department stores – -2.7%.
“The largest annual volume growth was in motor trades – 18.1% – books, newspapers & stationery – 5.8% – and fuel – 5.5%.
“The largest annual volume declines were recorded in food, beverages & tobacco (specialised stores) – -7.8% – furniture & lighting – -6.4% – hardware, paints & glass – -2.9% – and other retail sales – -2.7%.
“The value of retail sales was 6.2% higher in April 2023 than March 2023, and was 13.9% higher than a year earlier. Excluding motor trades, the value of retail sales rose by 1.1% in the month, and by 3.9% on an annual basis.”
Read More: Bar Sales Increased Year On Year In March
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