Ireland Retail Sales Rise In September

Ireland’s retail sales increased in September after falling in the previous month, preliminary figures from the Central Statistics Office showed Wednesday.

Retail sales volume rose a seasonally adjusted 0.3 percent month-over-month in September, reversing a 4.3 percent sharp decline in August.

On an annual basis, retail sales growth eased slightly to 8.6 percent in September from 8.7 percent in the prior month.

Excluding motor trades, retail sales volume went up 0.7 percent from August and by 8.0 percent from a year ago.

At the same time, retail sales value edged down 0.1 percent monthly in September, following a 2.0 percent drop in the preceding month. It was the second successive monthly fall. The annual growth slowed to 4.9 percent from 5.1 percent.

The material has been provided by InstaForex Company –