Ireland's retail trade increased 1.5 percent from a month earlier in July of 2020, easing from an upwardly revised 38.6 percent record rise in June. It was the third consecutive monthly gain in retail trade activity, as sales rose for bars (+138.5 percent); clothing, footwear & textiles (+25.5 percent); electrical goods (+12.6 percent) and fuel (+10.3 percent). On the other hand, sales fell in non-specialized stores including supermarkets (-3.7 percent); motor trades (3.1 percent); hardware, paint & glass (-1.8 percent) and department stores (-1.1 percent). On a yearly basis, retail sales climbed 6.4 percent, the most in two years and following a 3.6 percent gain in June.
Retail Sales MoM in Ireland averaged 0.29 percent from 2000 until 2020, reaching an all time high of 38.60 percent in June of 2020 and a record low of -35.80 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 September of 2020. source: Central Statistics Office Ireland
Retail Sales MoM in Ireland is expected to be -0.10 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 0.30 in 12 months time. In the long-term, the Ireland Retail Sales MoM is projected to trend around 0.70 percent in 2021 and 0.50 percent in 2022, according to our econometric models.