Ireland's retail tumbled 35.4 percent from a month earlier in April of 2020, the largest monthly decrease since January 2009 as the Covid-19 pandemic hit households' demand. The sectors showing the largest decreases were furniture & lighting (-84.1 percent), bars (-77.1 percent), clothing, footwear & textiles (-73.6 percent), motor trades (-71 percent), department stores (-69.7 percent), books, newspapers & stationery (-54.4 percent), hardware, paints & glass (-53.5 percent), electrical goods (-44.3 percent), fuel (-40.9 percent) and pharmaceuticals, medical & cosmetic (-24.8 percent).
Retail Sales MoM in Ireland averaged 0 percent from 2000 until 2020, reaching an all time high of 9.10 percent in March of 2015 and a record low of -35.40 percent in April of 2020. This page provides the latest reported value for - Ireland Retail Sales MoM - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Ireland Retail Sales MoM - data, historical chart, forecasts and calendar of releases - was last updated on June of 2020. source: Central Statistics Office Ireland
Retail Sales MoM in Ireland is expected to be 0.60 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 2021, according to our econometric models.