Ireland's retail trade declined 3.3 percent from a month earlier in November 2019, after a revised 0.4 percent rise in the prior month. It was the first decrease in retail activity since July, mainly due to lower sales of pharmaceuticals, medical & cosmetic articles (-9 percent) and food, beverages & tobacco (-6.5 percent). Year-on-year, retail sales advanced 1.4 percent, following an upwardly revised 3.9 percent gain in October. Retail Sales MoM in Ireland averaged 0.20 percent from 2000 until 2019, reaching an all time high of 9.10 percent in March of 2015 and a record low of -14.40 percent in January of 2009. source: Central Statistics Office Ireland

Retail Sales MoM in Ireland is expected to be -0.40 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Retail Sales MoM in Ireland to stand at 0.50 in 12 months time. In the long-term, the Ireland Retail Sales MoM is projected to trend around 0.50 percent in 2020, according to our econometric models.


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Ireland Retail Sales MoM

Actual Previous Highest Lowest Dates Unit Frequency
-3.30 0.40 9.10 -14.40 2000 - 2019 percent Monthly
2015=100, SA



Calendar GMT Actual Previous Consensus TEForecast
2019-09-27 10:00 AM Aug 5.7% -4.4% 2.9%
2019-10-29 11:00 AM Sep 4.3% 5.6% -2.4%
2019-11-28 11:00 AM Oct -0.5% 3.9% -3.2%
2020-01-08 11:00 AM Nov -3.3% 0.4% 0.9%
2020-01-28 11:00 AM Dec -3.3% 0.4%


News Stream
2019-11-28
Irish Retail Sales Drop 0.5% MoM in October
Ireland's retail sales went down 0.5 percent from a month earlier in October 2019, following a downwardly revised 3.9 percent increase in September. It was the first drop in retail activity since July as receipts at fuel stations declined by 5.2 percent (+7.4 percent in October) and other sales category dropped by 9.3 percent (+1.6 percent in October). Meanwhile, the sectors with the largest monthly gains were pharmaceuticals, medical & cosmetic articles (8.1 percent vs 3.2 percent) and clothing, footwear & textiles (3 percent vs -2.2 percent). Year-on-year, retail sales rose 3 percent, after a downwardly revised 3.8 percent increase in the previous month.

2019-10-29
Irish Retail Sales Rise Solidly for 2nd Month
Ireland's retail trade jumped 4.3 percent from a month earlier in September 2019, following a revised 5.7 percent climb in August, boosted by sales of hardware, paints and glass (8.8 percent vs -6.8 percent) and vehicles (8.4 percent vs 13 percent). Meanwhile, the sectors with the largest monthly decreases were department stores (-2.2 percent vs -0.3 percent) and clothing, footwear and textiles (-2.2 percent vs 2.3 percent).

2019-09-27
Irish Retail Sales Rebound in August
Ireland's retail sales jumped 5.7 percent from the previous month in August 2019, reversing a revised 4.4 percent slump in July, mainly boosted by sales at motor trades (12.0 percent vs -12.9 percent) and bars (10.6 percent vs -8.1 percent). By contrast, the sectors with the largest monthly decreases were fuel (-4.4 percent vs 2.3 percent) and pharmaceuticals, medical & cosmetic articles (-3.3 percent vs 5.2 percent).

2019-08-28
Irish Retail Sales Fall the Most in 4 Years
Ireland's retail trade plunged 4.3 percent from a month earlier in July 2019, the most since April 2015, following a downwardly revised 0.7 percent growth in June. The sectors with the largest monthly decreases were motor trades (-13 percent vs 1.5 percent in June) and other retail sales (-11.5 percent vs 1.2 percent), while the biggest gains were seen in non-specialised stores (5.7 percent vs -1.4 percent) and pharmaceuticals, medical & cosmetic articles (4.7 percent vs -1.8 percent).

2019-07-26
Irish Retail Sales Rebound in June
Ireland's retail trade increased 1.2 percent from a month earlier in June 2019, recovering from a 2.9 percent decline in May, boosted by sales of furniture & lighting (4.9 percent vs 2.9 percent) and motor trades (4 percent vs -1.7 percent). On the other hand, the sectors with the largest decreases were clothing, footwear & textiles (-2.9 percent vs -4.8 percent) and books, newspapers & stationery (-2.3 percent vs -2.5 percent). Year-on-year, retail trade growth eased to 0.1 percent in June from 0.5 percent in the previous month.

2019-06-28
Irish Retail Sales Fall in May
Ireland's retail trade slumped 2.4 percent from the previous month in May 2019, reversing an upwardly revised 2.6 percent increase in April, led by lower sales of food, beverages & tobacco (-5.3 percent) and fuel (-5.1 percent). On the other hand, the sectors with the largest increases were bars (4.5 percent) and electrical goods (2.7 percent). Year-on-year, retail trade growth slowed sharply to 1.1 percent in May from 4.5 percent in April.


Ireland Retail Sales MoM
In Ireland, the Retail sales report provides an aggregated measure of sales of retail goods and services over a specific time period. In Ireland, Retail sales are seasonal, volatile and relatively important to the overall economy.

Ireland Consumer Last Previous Highest Lowest Unit
Consumer Confidence 81.40 77.10 130.90 39.60 points [+]
Retail Sales MoM -3.30 0.40 9.10 -14.40 percent [+]
Retail Sales YoY 1.40 3.00 14.60 -24.50 percent [+]
Consumer Spending 27312.00 27069.00 27312.00 10805.00 EUR Million [+]
Disposable Personal Income 251186.00 233013.00 251186.00 84209.00 EUR Million [+]
Personal Savings 10.70 10.20 15.40 -1.00 percent [+]
Private Sector Credit 164684.00 164799.00 375927.00 4386.00 EUR Million [+]
Bank Lending Rate 0.90 0.90 25.00 0.90 percent [+]
Consumer Credit 13853.00 13858.00 28989.00 10011.00 EUR Million [+]
Gasoline Prices 1.59 1.56 2.24 0.70 USD/Liter [+]
Households Debt To GDP 41.20 41.70 116.30 41.20 percent of GDP [+]
Households Debt To Income 120.66 130.30 209.30 110.79 percent [+]
Consumer Confidence Current Conditions 123.40 118.00 126.80 63.80 [+]
Consumer Confidence Economic Expectations 92.70 88.80 136.40 22.50 [+]