Retail sales in Ireland retreated 1.9 percent from a month earlier in March of 2021, reversing from an upwardly revised 18.3 percent jump in February, as the nation slowly started to reopen from an over 100-day lockdown. The largest drops in volume were seen in electrical goods (-17.8 percent vs 23.7 percent in February); motor trades (-8.5 percent vs 19.7 percent); bars (-1.6 percent vs -15.0 percent); and food, beverages & tobacco in specialised stores (-1.3 percent vs 2.0 percent). On the contrary, sales went up mostly for books, newspapers & stationery (19.6 percent vs 18.7 percent); and department stores (17.1 percent vs -12.2 percent). On an annual basis, retail sales went up 8.5 percent, after a revised 0.1 percent gain in the previous month. source: Central Statistics Office Ireland
Retail Sales MoM in Ireland averaged 0.28 percent from 2000 until 2021, reaching an all time high of 41.40 percent in June of 2020 and a record low of -35.70 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 May of 2021.
Retail Sales MoM in Ireland is expected to be 0.30 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 0.70 in 12 months time. In the long-term, the Ireland Retail Sales MoM is projected to trend around 0.70 percent in 2022 and 0.50 percent in 2023, according to our econometric models.